A requirement for all contract-based schemes to have employer-level governance committees would need Financial Conduct Authority (FCA) action on insurer transparency, Pan Group founder Andrew Cheeseman says.
The comments come after the government announced it would explore ways of improving governance in contract-based defined contribution (DC) schemes - including setting up governance committees which involve...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point