Regulators are to require DC pension schemes to publish "clear data" on their performance in a colour-coded format under proposals announced today by the FCA, the Department for Work and Pensions (DWP) and The Pensions Regulator (TPR).
The Pensions Regulator (TPR) has levied almost £100,000 in penalties against small DC pension schemes for governance failures related to the 'value for members' assessment.