Pensions Watchdog Backs New Value for Money Framework

Pensions watchdog backs new value for money framework

The Government and Pensions Regulator have backed revised proposals designed to assess value for money across defined contribution pension schemes.The updated framework, published yesterday, introduces forward-looking measures alongside a more detailed ratings system for evaluating pension arrangements.The proposals follow industry feedback on an assessment framework first set out by the Financial Conduct Authority (FCA) in August 2024.The Depar…

FCA Wants Consumers to Assess the True Value of Pension Schemes

Private pensions are falling out of fashion across western Europe, as younger workers wither opt out of employment full stop for a life on benefits, or expect the benefits system to provide all the free [...] The post FCA Wants Consumers to Assess the True Value of Pension Schemes appeared first on .

FCA proposes new ratings system for workplace pension schemes

The City watchdog has proposed new rules to help ensure pension schemes are providing value for money.

FCA to introduce four-point ‘traffic light’ rating system for pension fund performance

The Financial Conduct Authority (FCA) is set to force workplace pension schemes to publish their investment returns, including forward-looking projections, under a new ‘value for money’ framework, which will see funds ranked under a ‘traffic light’ system. Pension schemes’ default funds will be rated according to a new colour-coded system, with strong-performing funds rated dark green, those offering ‘good value’ rated light green, schemes requi…

FCA to introduce four-point 'traffic light' rating system for pension fund performance

The FCA will also force workplace pension schemes to publish their investment returns The post FCA to introduce four-point 'traffic light' rating system for pension fund performance appeared first on Investment International.

Pension schemes may be made to publish performance data

Pension schemes may be made to publish clear data on their performance, costs and quality of service under new proposals announced today (8 January) by Pension schemes will need to publish clear data on their performance, costs and quality of service, under proposals announced today by the FCA, DWP and TPR.