Seven out of 10 pensions trustees do not have total confidence in their scheme retirement process, a HSBC Actuaries and Consultants governance survey reveals.
The study also found a tenth of trustees did not have a robust decumulation system in place for converting defined contribution funds into retirement income. The consultant warned if a scheme's decumulation...
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