The National Association of Pension Funds fears a ‘governance vacuum' in trust-based defined contribution schemes if the government scraps short service refunds.
In its response to the Department for Work and Pensions' call for evidence, the trade body - which represents some 1,200 schemes with about 15 million members and £800bn of assets - said scrapping ...
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
