Tag: #VFM

Are you “Value for Members” ready?

Value for members assessments are here Deadlines are fast approaching for DC Schemes under £100m to publish their Value for Members (VfM) assessments. New regulations effective from late 2021 introduced this requirement (see the guidance here). Value for members = costs, charges and investment returns Those of us involved in the pensions industry have an…
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Bigger is better! DC schemes under pressure to consolidate

With the Government set on consolidation, it looks like it is only a matter of time before requirements are strengthened even further. Particularly, if too many DC schemes are seen to pass the VFM test.