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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Capita issues CSPS apology, Isio launches DB scheme buyout service, Nest partners with Rothesay

Professional Pensions
clock 30 January 2026 • 1 min read
News Digest: Taxpayers on hook for £39bn public sector pensions bill

News Digest: Taxpayers on hook for £39bn public sector pensions bill

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 30 January 2026 • 1 min read
ABI creates additional pensions board to strengthen work on DB and BPA sector

ABI creates additional pensions board to strengthen work on DB and BPA sector

New board will look at DB policy, bulk purchase annuities and investment

Jonathan Stapleton
clock 29 January 2026 • 3 min read
Trustpilot