
TPR: We must end 'two classes' of DC membership

The Pensions Regulator (TPR) has called for greater consolidation of defined contribution (DC) schemes, cautioning about the risk posed to members of small schemes.
The warning came as the watchdog's latest figures revealed private sector DC membership has for the first time overtaken that of defined benefit (DB). There are now 14.8 million members in DC schemes,...
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