TRUSTEES must do more to protect members who are offered cash inducements to leave schemes, The Pensions Advisory Service says.
TPAS chief executive Malcolm McLean said trustees had too often “stood back” while employers offered members attractive cash sums to opt out of final salary schemes and into a personal pension. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date