OFT legacy audit board 'may struggle to reform pre-2001 schemes'

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The independent project board (IPB) leading the Office of Fair Trading (OFT) review into legacy defined contribution (DC) schemes may struggle to tackle outdated arrangements, industry figures warn.

Last week, the OFT appointed nine board members from the pensions and insurance industry, with independent chairwoman Carol Sergeant set to lead the IPB (PP Online, 11 February). Punter Southall...

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