Putting Savers' Interests First - DC Developments

A new paper entitled 'Better workplace pensions: Putting savers' interests first', sets out various measures including details and draft regulations in relation to new governance requirements for DC schemes and the proposed charge cap. This follows the Government's March 2014 paper on 'Better workplace pensions: Further measures for savers'. A consultation on the draft regulations runs until 14 November. The new legislative requirements will be effective from April 2015.

In its latest paper covering the new legislation, Aon's Research Team provides guidance for trustees and outlines what they are required to do to comply in the areas of:

• Meeting governance standards
• Scheme regulatory approach and compliance
• Charges cap

To learn more, download this paper or contact one of our DC experts to discuss the new legislation in more detail.

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