Move follows Lords vote to remove reserve investment power from Pension Schemes Bill
Society says it has close to 90 members employing over 20,000 industry professionals
Retirement CDC will have ‘materially positive’ impact on future savers
Guy Jackson says advisers and employers are now operating under a more structured framework
SPP submits response, noting scope for method choice may be constrained by scheme design
But SPP survey shows most with a plan have not reviewed, tested or rehearsed it
Body says implementation ‘must be practical’ and that sharper definitions are needed
Industry jubilant as mandation power brought into line with the Mansion House Accord
Pensions industry responds to consultation on VfM framework for DC schemes
Responses also call for more support for member-nominated trustees