Around two thirds of participants said contract scheme providers should be allowed to move members' money out of underperforming funds without consent under some circumstances.
Almost four in ten contributors thought this should be allowed continuously. "An essential process from a commercial perspective at the very least let alone the FCA principle of treating clients fairly,"...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.