All value for money articles
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In DepthVfM: What the industry said about the government’s Value for Money plans
From concerns over forward-looking metrics to calls for the framework to be expanded into decumulation, there has been a huge amount of feedback on the latest Value for Money consultation. Pensions Expert distils the main talking points.
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NewsValue for Money: Industry flags concerns over forward-looking metrics
The Financial Conduct Authority’s consultation process closed this week, as it continues to develop the proposed Value for Money rulebook that the government hopes will strengthen and future-proof DC savings.
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OpinionLogged in, checked out: The user experience problem pensions won’t face
The average pension app is a decade behind the average banking app. Until that changes, engagement is structurally impossible, argues PensionPay’s Archie Pritchett.
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NewsDWP and FCA extend Value for Money consultation period
The Financial Conduct Authority (FCA) and the Department for Work and Pensions (DWP) have extended their consultation period for the planned Value for Money framework by two weeks.
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OpinionNo ordinary update: why the PPI’s Pensions Primer will be different this year
The Pensions Policy Institute is in the process of updating its influential ‘Pension Primer’ and, as senior policy analyst John Adams explains, it is no small task.
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ArticleHighlights from Torsten Bell’s speech to launch the updated reform roadmap
Key excerpts from pensions minister Torsten Bell’s address at Mansion House on 13 July, in which he set out the need for cohesive action across the government’s reform agenda.
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ArticleValue for Money: A pragmatic delay, but with much work still to do
The Value for Money regime is on its way, but with the rulebook still in development, what does the pensions industry make of the government’s latest thinking on this crucial reform?
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NewsGovernment pushes back VfM, guided retirement deadlines in ‘roadmap’ shift
Pensions minister Torsten Bell has announced changes to the “sequencing” of pension reforms to support the implementation of developments related to Value for Money, guided retirement, and superfunds.
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OpinionTPR: Quality of service is a key part of the pensions value proposition
The Pensions Regulator’s Gaucho Rasmussen highlights the watchdog’s emphasis on administration standards and urges trustees to put this to the top of agendas.
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OpinionWhat India’s pension system can teach the UK about Value for Money
Subroto Das, a former chief general manager at PFRDA, India’s pension supervisor, sets out some important lessons for UK regulators ahead of the introduction of Value for Money, taken from a recent research paper.
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OpinionDemocratisation 2.0: From access to outcomes in UK pensions through Value for Money
Following the latest consultation on the Value for Money framework, Philip Hodges, a director at Guiide, explains the importance of including decumulation strategies and outcomes in assessments of value.
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NewsTPR steps up DC consolidation drive as master trust domination increases
Trustees of DC pension schemes need to keep their arrangements under review and consider consolidating into larger schemes if they are not delivering value, TPR has said.
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In DepthSpecial report: The Pension Schemes Bill in the House of Lords
The landmark legislation begins its report stage this week, with peers still debating more than 180 amendments to the Pension Schemes Bill. Pensions Expert explores what is up for discussion over the next two weeks.
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NewsAmber alert: Industry weighs risks of Value for Money ratings
Amber ratings being introduced through the Value for Money framework should encourage dialogue and reform, not knee-jerk reactions, regulators say.
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OpinionSPP: Value for Money proposals increase risk of 'herding' among DC providers
As the latest consultation on the proposed Value for Money regime comes to a close, Owen McCrossan of the Society of Pension Professionals warns of negative consequences if there is not enough room for nuance in the system.
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NewsHelp shape Value for Money framework, TPR tells trustees
The Pensions Regulator’s director of policy has called on trustees to engage with the ongoing Value for Money framework consultation to “help shape the standards that will define saver outcomes for years to come”.
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OpinionThe Friday Takeaway: It won’t be easy being (dark) green
The new year has started where we left off 2025, with consultations and Pension Schemes Bill developments, writes Nick Reeve – we’d better be ready.
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NewsIndustry backs ‘nuanced’ changes to Value for Money proposals
The pensions industry has broadly welcomed the new Value for Money approach outlined in this week’s consultation set out by the Financial Conduct Authority.
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NewsFCA adds ‘dark green’ rating to VFM proposal in latest consultation
The regulator has stripped out some data points from its proposed value assessments and put forward a more nuanced four-point rating system for DC providers.
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OpinionClosing the gap between promise and proof on pensions
Archie Pritchett, an analyst at PensionPay, highlights a ‘delivery gap’ as the pensions industry focuses on ‘plumbing’ rather than the end products for consumers.