Will value for money make a difference for DC schemes?

Jayne Brown is positive over VfM proposals but says they are likely to be a ‘slow burn’

clock • 3 min read
Jayne Brown is lead consultant at Simplify Consulting
Image:

Jayne Brown is lead consultant at Simplify Consulting

Since the joint consultation response on Value for Money (VfM) was issued by the Department for Work and Pensions (DWP), The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) in July, it’s all been quiet as to what happens next.

There are no timescales for policy and implementation, though the consultation has given a good indication of the likely direction of travel. It's likely to be a slow burn and a framework that will...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Industry not in favour of targeting productive investments from DC funds

Industry not in favour of targeting productive investments from DC funds

PP poll finds 52% say Reeves should not use Budget to target DC productive investments

Martin Richmond
clock 02 October 2024 • 2 min read
DC Future Book highlights incoming challenges for industry and members

DC Future Book highlights incoming challenges for industry and members

Tenth edition of DC Future Book shows more workers ineligible for AE than those currently enrolled

Martin Richmond
clock 26 September 2024 • 4 min read
Decumulation complexities may require ongoing support from schemes, industry says

Decumulation complexities may require ongoing support from schemes, industry says

Hymans Robertson webinar says DC savers will be navigating a ‘complicated’ market

Martin Richmond
clock 26 September 2024 • 3 min read
Trustpilot