Regulator issues tools for assessment of an annual governance statement in relation to occupational DC pension schemes

Last year, the Pensions Regulator formally launched a governance framework for occupational defined-contribution (DC) pension schemes, by putting in place a code of practice and guidance in relation to the governance and administration of such schemes.

The regulator has said that it expects trustees of such schemes to publish an annual governance statement to demonstrate that their scheme satisfies the code of practice…

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