Pension schemes' in-house advisers raise conflict of interest concerns

Growing number of master trusts and DB schemes offering restricted advice

clock • 3 min read
Pension schemes' in-house advisers raise conflict of interest concerns

Financial advisers and pensions experts have raised concerns about defined benefit (DB) schemes and master trusts increasingly appointing restricted advisers or in-house teams who are motivated to keep members on the schemes’ platform, leading to a potential conflict of interest.

Multiple pensions industry insiders and advisers told PP sister title, Professional Adviser they are aware that a growing number of master trusts and DB schemes are offering in-house advice or have...

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

HMRC guidance on VAT recovery on pension investment costs, DB surplus flexibility consultation, GMP conversion tax changes

Professional Pensions
clock 12 June 2026 • 1 min read
AE reform could unintentionally widen gender pensions gap, PEG says

AE reform could unintentionally widen gender pensions gap, PEG says

PEG’s report calls for the introduction of a financial safety net before any AE changes are made

Martin Richmond
clock 12 June 2026 • 5 min read
UK Pensions Awards 2026 — The Winners

UK Pensions Awards 2026 — The Winners

Recognising excellence among schemes, consultants, asset managers and providers

Jonathan Stapleton
clock 12 June 2026 • 3 min read
Trustpilot