The Financial Conduct Authority (FCA) is consulting on detailed rules and guidance for the Value for Money Framework which applies to defined contribution (DC) pensions schemes. The objective of the Framework is to drive better value for money across the DC market through greater scrutiny and competition on long-term value. The consultation closes 17 October. To find out more: https://www.fca.org.uk/publications/consultation-papers/cp24-16-value-for-money-framework#:~:text=Why%20we%20are%20consulting,value%20rather%20than%20predominantly%20cost 

We are currently drafting our response and will update the Collaboration Platform once complete.