DC schemes warned to prove value or wind up

TPR warns DC schemes they must prepare a more rigorous value for money assessment

Holly Roach
clock • 1 min read
Schemes must also carry out a self-assessment of their scheme’s governance and administration
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Schemes must also carry out a self-assessment of their scheme’s governance and administration

The Pensions Regulator has warned smaller defined contribution (DC) pension schemes they must prove their value to savers or wind up.

The regulator warned the schemes they must prepare a more rigorous value for money assessment in line with regulations coming into force from next month (1 October). The regulations mean trustee...

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