Member-nominated trustees may not be feasible for master trusts, but representatives could improve communication with members, says Barry Parr
Professional Pensions calls for a higher level of member representation on master trust boards - and perhaps bringing in people without specific pensions backgrounds. Of course, this sounds very creditable...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.