Trustees hide from transfers due to 'red flag' system
The ‘red flag’ system has made half the industry cautious to process pension transfers, a PP poll finds.
Source: professionalpensions.com
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AMNT: 'Serious consequence' of relying on sole trustees
The Association of Member-Nominated Trustees (AMNT) has warned of the “serious consequences” of schemes choosing to rely on sole trustees.
Source: professionalpensions.com
Biggest scheme management challenges. What you said…
The biggest challenges for the industry include keeping up with the high volume of regulation, and data issues stemming from projects such as GMP equalisation, PP finds.
Source: professionalpensions.com
Rife disagreement around the success of sole trusteeship
A slight majority of industry professionals believe that the introduction of the sole trusteeship model has been a positive for the industry, according to a Professional Pensions poll.
Source: professionalpensions.com
Illiquids should be in DC defaults, industry agrees
Illiquid assets should be allowed in defined contribution (DC) default funds but the degree to which should be dependent on the scheme’s size, structure, and dynamicity, the industry agrees.
Source: professionalpensions.com