Nick reports from the Pensions Expert DC and Master Trust Summit, where fears are growing that Value for Money’s traffic-light ratings could push schemes to ‘herd’ toward a safe light-green rather than risk the fallout of amber or red.

We also discuss the industry’s about-turn on forward-looking performance metrics in the VfM regime. Elsewhere, can the LGPS help solve the gender pensions gap?

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Always A Pensions Angle