Plans to introduce a standardised member benefit statement across Europe would needlessly increase costs for members, warn trustees.
The proposal, contained in the Institutions for Occupational Retirement Provisions (IORP) II Directive, could become compulsory when the directive is finalised in 2015. The implication of the statement...
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.