Behavioural economics could help trustees avoid making mistakes that could ultimately put members at risk. Michael Klimes investigates
At a glance Research shows DB trustees are not challenging consultants’ advice Behavioural economics can improve self-awareness and self-discipline Members could exercise pressure on trustees...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.