Pensions Buzz

In this week's Pensions Buzz, respondents warned schemes being required to offer partial transfers could lead to too many administrative burdens

Around three-fifths of respondents in this week's Pensions Buzz backed the view that trustees should take a proactive approach to engage with members when they are seeking to transfer out of their defined benefit (DB) scheme.

Respondents disagree whether mixing of products would be beneficial for savers

Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.

Most respondents says transfer values should not be reduced if volumes are high, according to this week's Pensions Buzz survey.

The majority of Pensions Buzz respondents said directors who avoid obligations should be penalised.

Nine in ten respondents said around 160,000 pages of legislation is too much

Respondents were almost evenly split in this week's Pensions Buzz on whether the Competition and Markets Authority's (CMA) remedies for the investment consultant and fiduciary management markets go far enough.

An overwhelming majority of this week's Pensions Buzz respondents agreed with the Pensions and Lifetime Savings Association (PLSA) that national retirement income targets should be developed to help people understand how much to save for retirement.

Respondents in last week's Pensions Buzz said such pathways would help guide members and improve retirement outcomes.