Discharging our duty of care to vulnerable members

Serving the nine out of ten workers with an unclaimed pension pot

clock • 3 min read
Discharging our duty of care to vulnerable members

Nearly four years ago, the UK Regulatory Network (UKRN), which represents both The Pensions Regulator and the Financial Conduct Authority (FCA), carried out research into how pension providers and others could effectively work together to support vulnerable customers.

Strikingly, the UKRN reported that, from the perspective of "the most vulnerable people" it had surveyed, "it was a firm's duty to help their vulnerable customers".  Since then, it has been firm...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Partner Interactive Video: Are you aware of the new approaches to retirement?

Partner Interactive Video: Are you aware of the new approaches to retirement?

With traditional pension strategies unlikely to meet the needs of retirees; Professional Pensions and AllianceBernstein’s interactive video allows viewers to unlock a range of new strategies for members

AllianceBernstein
clock 17 June 2025 • 1 min read
TPT completes major digital transformation ahead of new DC retirement offering launch

TPT completes major digital transformation ahead of new DC retirement offering launch

Improvements aim to fundamentally improve how savers engage with and access their pensions

Jonathan Stapleton
clock 04 June 2025 • 2 min read
Partner Insight: Defined contribution pensions - It's time to shift the focus from price to value

Partner Insight: Defined contribution pensions - It's time to shift the focus from price to value

Philip Smith, DC Director of TPT Retirement Solutions
clock 21 May 2025 • 6 min read
Trustpilot