PLSA: 'Micro-managerial' regulation has driven down trustee engagement with advisers

James Phillips
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PLSA: 'Micro-managerial' regulation has driven down trustee engagement with advisers

Regulation aimed at improving the governance of occupational pension schemes has left the sector "regulated to the lowest common denominator" with a "prescriptive and micro-managerial approach".

Moreover, this has caused trustees to take a "more risk-averse and compliance-led approach", and dampened innovation and switching in occupational pensions. This is what the Pensions and Lifetim...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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