SPP calls for greater clarity on scope of VfM framework

SPP supports phased implementation to ease the burden on schemes and providers

Martin Richmond
clock • 2 min read
Amanda Cooke: VfM should not become a box-ticking exercise or drive schemes towards a one-size-fits-all approach
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Amanda Cooke: VfM should not become a box-ticking exercise or drive schemes towards a one-size-fits-all approach

The government and regulators should provide greater clarity on the scope of the value for money (VfM) framework for defined contribution (DC) schemes, the Society of Pension Professionals (SPP) says.

In its response to the VfM framework consultation, which closes for comments on 15 September, the SPP said it backed the framework's proposals and the phased implementation to alleviate the initial...

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