Regulatory Alerts2021-09-13
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FS22/2: Driving Value for Money in Defined Contribution Pensions
FS22/2 summarizes feedback received on a proposed framework to assess and promote Value for Money in FCA and TPR-regulated Defined Contribution pension schemes. The document notes that most respondents agreed greater transparency of pensions data is needed, though views on measurement methods varied. It outlines next steps, including continued work with industry and consumer groups before finalizing proposals for a joint consultation with the Department for Work and Pensions and The Pensions Regulator towards the end of the year.
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