Pension freedoms are in fashion however, there are also other important administrative tasks that should not be forgotten says Michael Klimes.
Trustees struggle to assess asset managers and investment consultants, according a Financial Conduct Authority (FCA) review that also identified conflicts of interest and a lack of competition in the markets.
A ruling from the High Court has made it more difficult for members to keep pension overpayments on the grounds that they did not know their obligations.
What would Oscar Wilde think about the direction of pensions policy?
PP has launched an event to guide defined benefit (DB) trustees and managers ahead of the incoming pensions flexibilities at an event next year.
Stephanie Baxter asks if there are better ways to engage members
Defined contribution trustees face a huge challenge in measuring 'good value for money', writes Stephanie Baxter
Pension schemes would struggle to attract member-nominated trustees (MNTs) if professional standards were introduced, industry figures say.
The Next Pension Scheme targets member engagement at the mature end of the retirement savings process, its independent chairman says.
Trustee boards are devoting insufficient time to administration issues despite identifying maladministration as the biggest risk they faced, according to research from Baker Tilly.