09 | Pensions
New Value for Money framework for DC schemes
The Department of Work and Pensions (DWP), the Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) are working on a Value for Money (VFM) framework aimed at developing and consolidating the current frameworks set out across the different regulators.
Horizon scanning
New compliance and enforcement rules for collective defined contribution schemes
The Pensions Regulator (TPR) has unveiled its new compliance and enforcement policy for collective defined contribution (CDC) pension schemes. The policy outlines TPR's risk-based regulatory approach and provides a clear framework for how it will supervise these schemes.
Recent developments