PLSA comments on the Pensions Regulator's Value for Money assessment survey
04 July 2023
Joe Dabrowski, Deputy Director of Policy, PLSA, said: “All savers deserve to belong to a scheme that has high standards of governance. It is disappointing to see a lack of engagement with TPR’s value for money assessments, particularly among micro and very small schemes with less than 100 members.
“The results indicate TPR should re-double and prioritise their efforts and regulatory focus with this cohort. Going forward, value for money assessments will aid supervision and also provide the tools for schemes to help themselves to improve governance and performance for schemes of all sizes.”
The Pensions Regulator's Value for Money Assessment survey can be found here.
Mark Smith, Head of Media Relations
020 7601 1726 | [email protected]
Cali Sullivan, PR Manager
020 7601 1761 | [email protected]