UK - Trustees will face member compensation claims if they fail to monitor the performance of their DC providers continually, Mercer Human Resource Consulting warns.
The advice follows a pension ombudsman determination in favour of a scheme member who accused her pension fund of failing to monitor the interest rates offered by her AVC provider with those of...
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