Will VfM reforms deliver what the DC industry needs?

Jacqui Reid says there are two significant problems with the FCA’s proposed approach

clock • 4 min read
Jacqui Reid: The continued emphasis on quantitative not qualitative assessment risks creating a herd mentality in terms of DC products, stifling innovation
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Jacqui Reid: The continued emphasis on quantitative not qualitative assessment risks creating a herd mentality in terms of DC products, stifling innovation

With DC pension assets now valued at over £1trn, the defined contribution (DC) pensions market continues to be a key area of focus for government.

It has been widely reported that the new chancellor is looking to maximise investment by DC pension arrangements in UK private markets whilst continuing to pursue the previous government's strategy...

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