Governance of DC Pensions After Auto-Enrolment

    View Author July 2012
    Last year the Pensions Regulator entered into discussions with the pensions industry on how best to enable good outcomes for members of Defined Contribution pension plans. The Regulator has now issued more details of its expectations regarding the governance of all DC pension plans, whether trust or contract based.

    This article examines the impact of the Regulator’s recent pronouncements and addresses some of the compliance difficulties facing pension plans (including the likely governance ‘gaps’ in contract based arrangements).