Publication
Publication
There will be so much for DC schemes to focus on soon, I suspect updates will be coming thick and fast once the Pension Schemes Bill is enacted and consultation on the detail in draft regulations begins. Meanwhile there are prospects of further change – retirement CDC for a start, and then the Pensions Commission is still working away in the background and was initially expected to produce an interim report in spring 2026.
For the time being, however, we have an update on the FCA’s approach to VFM – which is expected to influence that for occupational DC schemes - and on the regulations implementing multi-employer CDC legislation and the subtle changes in those since they were consulted on. We also summarise the draft new CDC Code, but at high level: like most compliance documents it operates mainly as a checklist and reference document.
We hope you enjoy. As always, please do contact me or your usual Linklaters contact if there is anything you would like to discuss or you have thoughts on topics for inclusion in future editions.