Regulators TPR and FCA to develop common VfM measurements

The measurements will allow the industry and pension savers to compare defined contribution pension schemes to assess which offers better value. The regulators said a common approach across the industry "should allow access to consistent data on investment performance, costs and charges and service standards". Greater transparency, the two regulators said, should improve competition and encourage schemes to improve the value they provide and help deliver more secure retirements for savers. This comes after TPR and the FCA last year launched a discussion paper to establish how best ...