New draft DC code of practice consultation
Open date: 24 November 2015
Closing date: 29 January 2016
Consultation on the new draft code of practice for trust-based defined contribution (DC) schemes.
- Response to draft DC code consultation (PDF, 81kb, 22 pages)
- Final DC code of practice
- Draft DC code of practice laid in Northern Ireland Assembly (PDF, 135kb, 41 pages)
- Business engagement assessment for the revised code of practice 13 (PDF, 80kb, 8 pages)
We published our first DC code in 2013 but we’ve now revised it to help trustee boards and managers of DC schemes to comply with the law, and to bring it up to date, particularly in light of the changes to the law that were brought in earlier this year. Our video takes you through some of the main changes.
Revising this code has been a good opportunity for us to make very clear what we expect of trustee boards and managers, and to continue to raise the overall standards of governance and administration in DC schemes.
Our consultation response summarises the feedback we received and changes we have made to the new code as a result.