Page 44 - Pensions Buzz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In this week's Pensions Buzz we want to know what you think the Small Pots Co-ordination Group should prioritise.

In this week's Pensions Buzz, we want to know if you think there has been satisfactory guidance yet to fully equip your scheme(s) to manage its GMP challenges.

While trustees are split on whether compulsory knowledge should include a full regulatory understanding of the process of a pension transfer, many agree it could help better protect vulnerable savers.

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers

The Pensions Dashboards Programme (PDP)’s update outlining its breakdown of what will take place in the next six months of development is unlikely to be feasible, PP readers say.