Consolidation continues to reshape the DC pensions landscape. From the drive for greater scale in default arrangements and the developing VFM framework to proposals for small pots consolidation, the Government and regulators are persuing a vision of “a smaller number of bigger, better governed, better value” schemes. Combined with a growing focus on guided retirement and retirement adequacy, these reforms are intended to equip schemes with the scale and resources needed to deliver better outcomes for members throughout their retirement journey.
In this briefing we take a closer look at how the scale and guided retirement policies are developing, along wth other important DC news.
