Updated: DWP urged to use 2028 as a 'true test' phase for VfM framework

Industry says schemes should not be permitted to ‘mark their own homework’

Martin Richmond
clock • 9 min read
Aegon's Kate Smith: There’s a real risk that pushing ahead without proper testing could produce a flawed framework
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Aegon's Kate Smith: There’s a real risk that pushing ahead without proper testing could produce a flawed framework

The Department for Work and Pensions (DWP) and regulators should use 2028 as a “true test” phase for the value for money (VfM) framework, Aegon says.

In its response to the VfM consultation, which closes for comments tomorrow (15 September), the provider said it supported the framework's aims of providing a comparable and holistic way to measure...

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Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

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