WPC calls for 'agreed definition' of value for money in wide-ranging pension transparency report
Report published today
Schemes should clearly communicate their interpretation of value for money.
The government and regulators should not wait for the industry to "fail to act voluntarily" to provide value for money in pensions, the Work and Pensions Committee (WPC) says.
In a report on pension costs and transparency, published today (5 August), the committee said that, while the government and regulators are alert to concerns over cost disclosure, there should be no cause...
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