Trustees in a quagmire over offering freedoms to legacy DC members
Trustees face a "disproportionate governance burden" in offering the Budget freedoms to deferred members in legacy defined contribution (DC) schemes, experts say.
Hymans Roberson partner Patrick Bloomfield (pictured) said this affected trustees overseeing multimillion pound defined benefit (DB) schemes and small DC plans with less than half a million. He said:...
More on Industry
Is guidance guiding?
Trustees receive a huge amount of guidance, but is it all useful? Holly Roach reports.
Have your say: Will the new way that TPR's code of practice is presented change the way you work?
The Pensions Regulator is consulting on a new style code of practice, and in this week's Pensions Buzz, we want to know if the new way that it's presented will change the way you work.
Four key takeaways from the WPC scams report
Rachel Vahey sets out four key takeaways from the Work and Pensions Committee (WPC) report into pension scams and urges swift, nimble action to stop the perpetrators.
Women in Pensions 2021: Nominate now!
Professional Pensions’ Women in Pensions Awards is returning this October and now open for nominations.
The pensions industry in one word: What you said…
Professional Pensions asked its readers to describe the current state of the pensions industry in one word this week, eliciting a mix of predominantly gloomy adjectives.
