Contributors were sceptical as to whether social media could provide information to improve scheme governance. Although more than three out of ten thought it unwise to ignore this data, almost half of contributors thought trustees should do just that.
"Whatever next?" asked one respondent. "The mate of a cousin of the man next door says!"
Others labelled information gleaned from social media websites as "hearsay", "mischievous" or even "plain deliberate misinformation"
A correspondent with a more balanced view nevertheless warned trustees to stick to "reliable sources".
This contributor said: "They should probably take note, but as 95% of the stuff on social media sites is garbage, and would be Daily Mail-influenced garbage about pensions, social media shouldn't be used as the basis for any sound decision making."
Other respondents said trustees should not disregard information from any source. One contributor suggested: "They may weight how much feedback they receive from these sites but they cannot be ignored."
Another contributor said: "To ignore data is a failure of governance, wherever that data has originated."
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.