Industry broadly supportive of VfM proposals but warns some challenges remain

Pensions industry responds to consultation on VfM framework for DC schemes

Holly Roach
clock • 6 min read
Industry broadly supportive of VfM proposals but warns some challenges remain

The pensions industry has praised the “practical direction” regulators have taken over the value for money (VfM) framework, but warned “important challenges” remain.

This comes after the consultation launched by The Pensions Regulator (TPR), the Department for Work and Pensions (DWP) and the Financial Conduct Authority (FCA) on a VfM framework for defined contr...

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