Industry responds to FCA's VfM consultation

SPP and PMI say some aspects of framework are too detailed, with new rating system proposed

Jasmine Urquhart
clock • 2 min read
Industry responds to FCA's VfM consultation

The pensions industry has responded to the Financial Conduct Authority’s (FCA) value for money (VfM) consultation.

The consultation proposed a framework for defined contribution (DC) default pension arrangements to be assessed consistently to improve VfM for members. It proposed a red/amber/green VfM rating ...

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