FCA VfM consultation hailed as 'key pillar' of pension reforms but 'devil often in the detail'

Industry has broadly welcomed the FCA’s consultation on the value for money framework

Martin Richmond
clock • 8 min read
FCA VfM consultation hailed as 'key pillar' of pension reforms but 'devil often in the detail'

The pensions industry has broadly welcomed the Financial Conduct Authority’s (FCA) consultation on a value for money (VfM) framework for defined contribution (DC) schemes.

The consultation, which was launched last night (7 August), has been developed in partnership with The Pensions Regulator (TPR) and the Department for Work and Pensions (DWP), and seeks to introduc...

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Martin Richmond
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