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Regulator hints at slow down of DC shift and calls for action

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Even as the UK's Pensions Regulator unveiled its new strategy on tackling the risks inherent in defined-contribution (DC) schemes on 25 April, its head of strategy, John Ashcroft, hinted at a let-up in the number of defined-benefit (DB) schemes closing to new members.

He says that there are strong indications that the market for DB risk management products is growing, and that an increasing number

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