Trustees of schemes eligible for the Financial Assistance Schemes have been warned off buying missing beneficiary insurance by the Pensions Protection Fund board.
The board published advice on its website for FAS eligible trustees stating it is usually against the practice of using assets to buy indemnity and or run-off insurance. It said such cover was not “normally...
The PLSA's Richard Butcher says we should all work harder to reconnect with the saver, be open with them and tell them the truth
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.