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Consultation outcome: Value for Money: A framework on metrics, standards, and disclosures

Financial Conduct Authority

July 11
06:00 2023

Government-regulator response to Value for Money: A framework on metrics, standards and disclosures.

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Detail of outcome

The government, the Financial Conduct Authority and the Pensions Regulator published their response to this consultation on 11 July 2023.

We have also published an analysis of the impact of July 2023 pension package on member outcomes.


Original consultation

Summary

This consultation seeks views on policy proposals to disclose, assess and compare the value for money of workplace pension schemes.

This consultation ran from
to

Consultation description

This policy consultation proposes key metrics, standards and data disclosures for DC pension schemes under the proposed Value for Money (VFM) framework. It also includes proposals for the use of this data in comparisons and assessments of value for money.

Responses to this consultation will help aid the policy development of the VFM framework.

How to respond to this consultation

Please send your consultation responses on the template provided by email to:

Value for Money Team: DC Policy at the email address: pensions.vfmframework@dwp.gov.uk

Documents

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