'Urgent need' for interim guidance on DC scale policy

SPP says rules required to prevent conflicting preferences between trustee boards

Holly Roach
clock • 2 min read
SPP investment committee chair Chris Austin
Image:

SPP investment committee chair Chris Austin

There is an “urgent need” for interim guidance on the Department for Work and Pensions’ (DWP) scale policy for defined contribution (DC) schemes, the Society of Pension Professionals (SPP) warns.

Responding to the DWP's discussion paper on the scale policy, the SPP said while the government's ambition to harness scale for DC schemes is welcome, there are areas requiring regulatory clarity a...

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