The Department for Work and Pensions (DWP) wants to improve the disclosure of costs and charges to defined contribution (DC) members and will consult on this in the future, policy manager David Farrar says.
Speaking at PP's DC Conference on 5 September, he said the current situation "doesn't look particularly coherent or perfect" whereby trustees and independent governance committees (IGCs) have a duty to...
Professional trustees claiming to have “provisional” trustee accreditation are creating confusion in the market and are undermining the whole process, the Pensions Management Institute (PMI) has warned.
The impact of the coronavirus pandemic on the UK labour market will cause a significant increase in the number of dormant pension pots in 2020, with defined contribution (DC) schemes most affected.
The Pensions and Lifetime Savings Association (PLSA) has published a drafting template to help defined contribution (DC) scheme trustees produce their annual chair’s statements.
Seven bodies with responsibility for protecting UK pension savers’ pots have joined forces to create an information guide to reassure scheme members amid concern about the impact of the Covid-19 crisis on financial wellbeing in the UK.
Pension scheme trustees could find themselves with a better seat at the table during a corporate restructuring under government proposals presented to parliament last week.