NEW scheme funding rules and how employers should negotiate with trustees are discussed in the latest installment of the company tool-kit from Punter Southall.
Under the new regime trustees are not obliged to follow actuarial advice and the responsibility for making decisions rests with them and not the actuary. For most schemes, trustees must reach agreement...
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.