The Pensions Regulator's draft guidance on how to calculate transfer values for members of defined benefit pension schemes is too late to be effective, Mercer says.
Mercer said the timing of the guidance, which was published last week, did "not dovetail with the expectations imposed on trustees under the regulations" as they would have to reach decisions on th...
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 for 12 months, 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
