Regulators launch joint DC pensions value for money framework

The paper - published today (16 September) - proposes a common framework for disclosing information on the key elements which make up value for money including investment performance, scheme oversight including data quality and communications, and costs and charges. The aim of the two regulators is to drive a long-term focus on value for money across the pensions sector. The framework will also allow trustees and independent governance committees (IGCs) to compare their scheme's costs and charges, investment performance, and service standards with similar offerings from other provider...