TPR: 97% of DC schemes provide OMO support

Helen Morrissey
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Data from The Pensions Regulator (TPR) shows 97% of surveyed DC schemes provide support to members wishing to exercise their open market option (OMO).

According to the regulator's Scheme Governance Survey the number of schemes offering no support reduced from 15% in 2011 to 3% in 2013. There was a large increase in the number of schemes appoin...

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