Sponsors should treat pension schemes as a subsidiary of their business to tackle the mounting burden of closed defined benefit schemes, a report argues.
The research by independent trustee services provider Capita Fiduciary Group found that 86% of companies reported closed DB funds had had an increased impact in the last few years. Despite this growing...
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.