DC hot topic – AVCs and TPR’s DC Code
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TPR has amended its Code of practice for occupational trust-based schemes providing money purchase benefits and published new guidance in the form of “how to” guides.
The revised DC Code came into force on 28 July 2016.
This note highlights the potential impact of the DC Code on DB schemes whose only DC benefits are additional voluntary contributions (AVCs).
Read the full DC hot topic – AVCs and TPR’s DC Code.