UK - Discretionary powers of pension trustees run counter to what modern society expects, ombudsman David Laverick believes.
Trustees currently have the power to decide issues - benefits for unmarried partners, for example - arbitrarily without the requirement to explain how they came to their decision. Laverick noted h...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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

