Codes of Governance for Defined Contribution (DC) Schemes
Today, the Pensions Authority has published a further tranche of Codes of Governance for Defined Contribution (DC) Schemes. The codes of governance set out the standards that trustees will be expected to adopt to demonstrate their commitment to serving the best interests of members and beneficiaries.
The latest codes relate to:
- Code 7: Keeping records
- Code 8: Data protection
- Code 9: Risk management
Previously published codes are: governance plan of action, trustee meetings, managing conflicts of interest, collection and remittance of contributions, investing scheme assets and paying benefits. Additional codes will be published later in the year.
The DC codes are available under the 'Related Link(s)' Section.