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Penfold's Chris Eastwood: Amendment 77 is a sensible and proportionate step that puts member outcomes where they belong
A Pension Schemes Bill amendment will give The Pensions Regulator (TPR) the power to exempt sub-sized defined contribution (DC) schemes from the scale test if they can prove they offer value for money to members.
Amendment 77 – put forward by excepted hereditary Conservative peer Viscount Younger of Leckie and voted for by the Lords on Thursday (19 March) – added an exemption from the scale requirement for ...
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