Labour has tabled an amendment to the Pensions Bill which would give The Pensions Regulator (TPR) the power to force trust-based defined contribution (DC) schemes to merge.
Shadow pensions minister Gregg McClymont has also tabled amendments requiring contract-based DC schemes to appoint trustees, and requiring all schemes to direct members towards annuity advice. T...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
