Support for defined contribution schemes is being stifled by patronising and paternalistic attitudes in the pension and investment industries, a provider claims.
Investec Asset Manage-ment’s head of multi-asset strategy Philip Saunders said most people in Australia, the US and Chile had risen to the challenge and proved capable of handling their savings themselves...
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.