The Pensions Regulator (TPR) should be allowed to alter scheme indexation and benefits to ensure members get at least "second-best" outcomes.
The watchdog should also be able to compel stakeholders to attend interviews with it, and direct trustees to reduce benefits, including preserved benefits, of active and deferred members, the Pensi...
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
