TPR warns DC schemes to prove value or wind up

31% of small schemes admitted they were unaware of TPR’s climate codes of practice

Holly Roach
clock • 2 min read
TPR warns DC schemes to prove value or wind up

The Pensions Regulator (TPR) has reiterated its warning that trustees of small defined contribution (DC) schemes must prove their plans offer value, or wind them up.

This comes as the regulator's annual survey of DC pension schemes revealed trustees of most schemes with fewer than 100 members are unaware of their duties in relation to new, more detailed value f...

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

More on Industry

Buzz: Are you confident for dashboard integration?

Buzz: Are you confident for dashboard integration?

Pensions dashboards, buyout, LGPS contribution rates and DB retirement planning

Professional Pensions
clock 29 October 2024 • 1 min read
£250m Wolseley DC scheme joins Aon Master Trust

£250m Wolseley DC scheme joins Aon Master Trust

Move follows a ‘thorough and detailed’ bid process overseen by Vidett

Holly Roach
clock 28 October 2024 • 2 min read
Pensions industry speculates on Budget announcements

Pensions industry speculates on Budget announcements

Chancellor Rachel Reeves will deliver this parliament’s first Budget on Wednesday

Holly Roach
clock 28 October 2024 • 10 min read
Trustpilot