Pensions Buzz

This week, respondents said consultants should be required to disclose sales targets.

Backing plans to introduce transparency requirements for workplace defined contribution schemes was even more of a no-brainer for Buzz contributors.

Buzz respondents were not wildly enthusiastic about the idea of The Pensions Regulator (TPR) setting more targets for scheme data.

The majority of respondents believe member-nominated trustees (MNTs) should be elected by scheme memberships rather than selected by trustee boards.

Almost three quarters of Buzz respondents want consultants with sales targets to have to disclose potential conflicts to clients.

Contributors were divided over the question of whether volatility was a good measure of risk. Four out of ten warned against conflating the two.

The majority of respondents believe concern over conflicts of interest has reduced the number of senior people serving on trustee boards.

This week, Buzz respondents rejected Steve Webb's idea to give annuitants a one-year cooling off period.

Buzz respondents firmly rejected Steve Webb's latest idea to help consumers in the annuity market.

The majority of Buzz respondents leapt to the defence of trustees, rejecting the suggestion they were getting their priorities wrong and devoting too much time to box-ticking exercises.