THE extent to which trustees are legally required to explain their actions to members and other beneficiaries "remains uncertain", a lawyer says.
Slaughter and May pensions partner Sandeep Maudgil believes trustees and their lawyers need to be fully aware of this contentious area of law. He recently led a seminar on the subject at the Association...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point