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 ...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

Aviva posts 33% growth in retirement business sales as it publishes full-year results

Half of local authorities saw less investment from 2018 to 2022

More on Regulation

Industry confusion over IHT proposals, Sackers finds
Regulation

Industry confusion over IHT proposals, Sackers finds

Survey finds industry has mixed views on government’s DC plans and 2025 priorities

Jasmine Urquhart
Jasmine Urquhart
clock 19 February 2025 • 1 min read
Public sector workers face uncertainty due to pension statement delays
Regulation

Public sector workers face uncertainty due to pension statement delays

Royal London says delays until next month will ‘create uncertainty’ for self-assessment tax returns

Jasmine Urquhart
Jasmine Urquhart
clock 24 January 2025 • 1 min read
Financial heavyweights join forces against chancellor's IHT/pension plans
Regulation

Financial heavyweights join forces against chancellor's IHT/pension plans

AJ Bell, Quilter, Hargreaves Lansdown and Interactive Investor CEOs send joint letter

Jenna Brown
Jenna Brown
clock 23 January 2025 • 2 min read
Trustpilot