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Lowe: 'Schemes can be at the forefront of development and harness the benefits of hybrid digital solutions'
Pension scheme trustees hold an occupational pension scheme assets on behalf of the beneficiaries of the scheme. In practice, this generally covers a range of duties and responsibilities including a requirement to inform members of their choices at retirement.
However, pension scheme trustees aren't legally responsible for the decisions members make once they access their pension pot. Yet getting these decisions right is critical. Post pension freedoms, ...
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