The code of conduct for incentivised transfer exercises published this summer will change the "shape and methodology" of some offers but will not end the practice, says JLT Pension Capital Strategies.
Director Simon Taylor, whose company temporarily suspended two exercises while the code was pending (PP Online, 15 May), said the vast majority of the industry is committed to supporting the code. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date