A new code of practice for defined contribution pension schemes, published by the Pensions Regulator and setting out the standards that pension trustees should meet to comply with legislation, came into force yesterday: see here (pdf). The code applies to all schemes offering money purchase benefits and has sections dealing with the trustee board, scheme management skills, investment governance and value for members.
Friday, 29 July 2016
UK: new code of practice for defined contribution pension schemes
A new code of practice for defined contribution pension schemes, published by the Pensions Regulator and setting out the standards that pension trustees should meet to comply with legislation, came into force yesterday: see here (pdf). The code applies to all schemes offering money purchase benefits and has sections dealing with the trustee board, scheme management skills, investment governance and value for members.
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