Condensed: TPR's defined contribution code in eight key points

What are the key messages in the new code?   1. It's not a legal obligation TPR and pension experts are keen to emphasise the code of practice is a suggested approach and not a legal obligation. DC pension schemes can take an alternative approach to the code, as long as they abide by the laws affecting DC schemes. Sackers head of DC Helen Ball said: "Schemes sometimes miss that the DC code is the regulator's interpretation of legislation, and the guides are not intended to be prescriptive but helpful. "It's intended to assist and guide, and schemes don't have to follow it to the...