Proposed standards for professional trustees due to come into force next year will be "too easy to game" and "a silly compliance exercise" if they are not accompanied by tangible metrics, Richard Butcher has warned.
The standards, released yesterday by the Professional Trustee Standards Working Group (PTSWG), span six areas and will be enforced under a ‘comply or explain' regime in April or May next year. Professional...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.