SCHEMES are disappointing members because trustees have not implemented several A-Day "sweeteners", The Pension Advisory Service claims.
Chief executive Malcolm McLean said the service had received numerous calls from employees wondering why their scheme had not taken on board new, more flexible rules following the changes which took effect...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.