Trustees in a quagmire over offering freedoms to legacy DC members

clock

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 ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Bank of England cuts interest rate to 3.75%

Bank of England cuts interest rate to 3.75%

BoE MPC votes five to four to cut rates in final meeting of 2025

Patrick Brusnahan
clock 18 December 2025 • 6 min read
Pensions minister maintains AE thresholds following annual review

Pensions minister maintains AE thresholds following annual review

Torsten Bell has completed the annual statutory review of AE thresholds

Holly Roach
clock 18 December 2025 • 2 min read
Lumera acquires Acuity to strengthen UK foothold

Lumera acquires Acuity to strengthen UK foothold

Acquisition will see Acuity join Lumera’s UK organisation and expand to around 165 employees

Martin Richmond
clock 18 December 2025 • 1 min read
Trustpilot