Advice given to scheme members on enhanced transfer values should be fully independent and paid for by the employer, Prudential says.
The Pensions Regulator's hardline stance on enhanced transfer value exercises could leave trustees vulnerable to legal action should an employer fail, a lawyer warns.
Tom Selby previews the March 11 edition of Professional Pensions.
Although the buyout market is showing signs of recovery, Sebastian Cheek explains that its expense still forces many DB schemes to seek alternative ways of removing risk from their balance sheets