The National Association of Pension Funds fears a ‘governance vacuum' in trust-based defined contribution schemes if the government scraps short service refunds.
In its response to the Department for Work and Pensions' call for evidence, the trade body - which represents some 1,200 schemes with about 15 million members and £800bn of assets - said scrapping ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
