Trustees fear scheme members are ill-prepared for risks of accessing pension

Holly Roach
clock
Trustees expressed their concerns over the risks their members face
Image:

Trustees expressed their concerns over the risks their members face

Trustees fear their members are not equipped to deal with the risks they face when accessing their pension and worry those nearing retirement will face predatory attention from scammers, research by Wealth at Work reveals.

The financial education and guidance provider's research - conducted with the Pensions Management Institute (PMI) - revealed 81% of the trustees surveyed believed members are not properly equipped ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Investment

Industry Voice: A source of alpha and solution to supply-chain logjams?

Industry Voice: A source of alpha and solution to supply-chain logjams?

Trade finance provides an opportunity for investors to access uncorrelated alpha with limited reliance on traditional return drivers.

Federated Hermes
clock 26 September 2022 • 5 min read
Yields on ten year gilts surge to over 4%

Yields on ten year gilts surge to over 4%

Yields on benchmark UK government bonds have risen more than four-fold during 2022

Jonathan Stapleton
clock 26 September 2022 • 2 min read
HSBC AM to phase out thermal coal investing

HSBC AM to phase out thermal coal investing

The firm’s active fund range will stop investing in thermal coal companies globally by 2040

Holly Roach
clock 22 September 2022 • 1 min read
Trustpilot