TPR’s guide to value for members
TPR’s revised Code of practice on the governance and administration of occupational trust-based schemes providing money purchase benefits came into force on 28 July 2016.
To coincide with this, TPR published the final versions of its “how to” guides. These are intended to help trustees implement the Code.
The six new guides reflect the key areas of the Code, where TPR sets out its expectations in more detail.
This note sets out some headline points in relation to the guide to value for members.