CONTRACT based defined contribution schemes in the FTSE100 provide excessive investment choice compared with trust based DC alternatives, a Watson Wyatt survey reveals.
The consultant's annual FTSE100 DC pension plan survey revealed two out of three contract based DC schemes offer 50 or more investment options - compared to fewer than 3% of trust based DC schemes offer...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
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.