The purpose of this webpage is to make DCPT and FVPT data available to insurers to help them meet their regulatory obligations.
A joint ABI/IA working group developed the DC Workplace Pensions Template (DCPT) and the Fair Value mid-Price Template (FVPT) for the purpose of providing insurers with transaction costs data in accordance with COBS 19.8.4R. DCPT V1.0 was issued in December 2017 and FVPT V1.0 was issued in May 2018.
The page also provides a summary document of the M&G Product Approval Process. Centered around client needs, the product development life cycle covers the key stages of product launches and their review. At the Feasibility stage, analysis of the proposition includes identification of the target market which informs product design and the overall launch proposal.
Please note that a revised DCPT file and FVPT file will be made available each quarter for collection.
Should you have any further questions, please contact your Sales contact in the first instance.
Clients should make an independent assessment as to whether or not the DC Workplace Pensions data provided is fit for their own purposes.