OFT gets to the heart of DC

Naomi Rainey looks at the Office of Fair Trading’s defined contribution recommendations

clock

Last week's Office of Fair Trading (OFT) report unpicked some of the long running concerns over defined contribution (DC) schemes.

The investigation highlighted two main issues: old and/or high-charging contract-based arrangements that represent poor value; and small trust-based schemes that suffer poor governance. A rumour...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Smart Pension, Ctrl Alt, Mobius and Octopus launch tokenisation coalition

Smart Pension, Ctrl Alt, Mobius and Octopus launch tokenisation coalition

TRAC aims to expand pension investment, increase efficiencies and support UK growth

Jonathan Stapleton
clock 10 December 2025 • 2 min read
Comparing FCA 'Pathway 1' decumulation solutions

Comparing FCA 'Pathway 1' decumulation solutions

DWA’s Pete Osthwaite asks how long is five years for an almost retired person?

Pete Osthwaite
clock 08 December 2025 • 5 min read
Equities lead Q3 charge as DC defaults continue to deliver strong performance

Equities lead Q3 charge as DC defaults continue to deliver strong performance

Patterns highlight the value of diversified exposures across regions and asset classes

Jonathan Stapleton
clock 08 December 2025 • 3 min read
Trustpilot