Trustees in a quagmire over offering freedoms to legacy DC members

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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 ...

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