Pensions Buzz

Scheme members are not equipped to deal with the tax implications of accessing their pension, last week's Pensions Buzz respondents said.

Respondents say there is not enough clarity on what ESG means.

Respondents were divided on whether trustees should be subject to a term limit.

Respondents were divided on whether the Gogglebox series of adverts on auto-enrolment represented good value for money, after the government spent £800,000 on the partnership.

The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.

Bigger is not always better when it comes to pension consulting, last week's Pensions Buzz respondents said following Marsh & McLennan's $5.6bn acquisition of JLT.

One third of schemes have calculated transfer values for guaranteed minimum pension (GMP) equalisation, according to last week's Pensions Buzz respondents.

Collective defined contribution (CDC) savers should be allowed to access pension freedoms when the scheme is rolled out, last week's Pensions Buzz respondents said.

Accreditation will reduce the number of sole-trader professional trustees, this week's Pensions Buzz respondents say.

The 'Money and Pensions Service' is an appropriate new name for the Single Financial Guidance Body, this week's Pensions Buzz respondents say.