ENTIRE trustee boards - not just individual trustees - should have sufficient knowledge to run a scheme, the department for work and pensions' deregulatory review recommends.
The review – carried out by former Amicus deputy general secretary Ed Sweeney and former Unilever head of UK pensions Chris Lewin – also called for changes to make it easier for employers to get money...
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.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.