A requirement for all contract-based schemes to have employer-level governance committees would need Financial Conduct Authority (FCA) action on insurer transparency, Pan Group founder Andrew Cheeseman says.
The comments come after the government announced it would explore ways of improving governance in contract-based defined contribution (DC) schemes - including setting up governance committees which...
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