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Many will be aware of the "stronger nudge" pension requirements that came into effect from 1 June. In short, when defined contribution (DC) scheme members apply...
‘Stronger nudge’ to guidance rules came into force on 1 June but new evidence raises serious questions as to whether it is the right policy delivered at the right time.
The industry has offered mixed reviews for the ‘stronger nudge’ to pensions guidance as rules come into force today (1 June).
Matthew Swynnerton looks at some of the issues that trustees will need to be aware of when reviewing and updating their processes so that they are ready to comply with the new requirements.
The majority of Pensions Buzz respondents last week revealed they do not fully understand the implications of the stronger nudge to pensions guidance.