Bulk annuity buyout specialist Paternoster is calling for a standardised process to protect trustees from future legal action by members.
Chief executive Mark Wood said without a “formal, defined industry standard process” schemes signing buyout deals might find it hard to justify their decision to dissatisfied members. And he warne...
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
