Tag Archives: VFM

The PPI , governance and value for money

  In my earlier post, I wanted to get to grips with the PPI’s new research paper on international experience measuring value for money but ended up focusing on a confusion about VFM and member contributions. Follow the link to … Continue reading

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Is the VFM of a pension scheme best measured by contribution rates?

The PPI have been asked  “What can other countries teach the UK about measuring Value for Money in pension schemes?” and asked by the Pensions Regulator. The answer is 55 pages long and involves a detailed analysis of the impact … Continue reading

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“Value For Money” – it’s how we make purchasing decisions

This afternoon we are discussing value for money in pensions, how we measure it and why it’s important. This blog thinks about how we make purchasing decisions. Many people impulse buy, some buy regardless of cost because they want it … Continue reading

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Should employers be underwriting tomorrow’s pensions?

  I have been thinking about the bigger picture this week as AgeWage and Pension PlayPen prepare to host our event on value for money on Friday. The big idea behind AgeWage is that people want pensions and not pots. … Continue reading

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IGCs duties to savers are clear, their duties to spenders aren’t.

The latest statement of intent by the FCA to improve value for money in workplace pensions arrived yesterday as Policy Statement  21/12.  This is not a discussion paper but new rules which came into force yesterday and the not so … Continue reading

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Are you getting pension consultation fatigue?

It looks like plenty of us are As well as being year 2 of the pandemic, 2021 continues to be the year of the pensions consultation #ConsultationFatigue https://t.co/ZKN0luwqLo — Tess Page (@Tess_invests) September 16, 2021 While #ConsultationFatigue isn’t trending, conversations … Continue reading

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A Standard for pension VFM is the practical way forward

The FCA and The Pensions Regulator (TPR) have published a joint discussion paper on developing a common framework for measuring value for money (VFM) in defined contribution (DC) pension schemes. The aim of the two regulators is to drive a … Continue reading

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Making sense of value and money with personal “investment rates”

  Today we expect a discussion paper from tPR/FCA on the measurement of value for money. This is not so much a blog but an essay about measuring value. I’m trying to write about what I hear people saying and … Continue reading

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Breaking news on the value for money debate

Two dates for my diary from the FCA yesterday On September 16th , the FCA and TPR will be publishing a joint discussion paper on the measurement of value for money. On October 4th, the FCA will be publishing a … Continue reading

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Can we get the IGCs and FCA back on the same track?

  The FCA’s relationship with workplace pension providers for whom they have oversight (e.g. the providers of group personal pensions and group SIPPs) has clearly deteriorated over the past 15 months, as has its relationship with their Independent Governance Committees … Continue reading

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