TRUSTEES should be on their guard against sponsoring employers abandoning underfunded schemes, The Pensions Regulator warns.
The watchdog is concerned that a growing number of employers are targeting corporate transactions as a way of passing off underfunded schemes on to specialist buyout firms. Chairman David Norgrove...
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.