Pensions Ombudsman David Laverick is calling for stronger regulation of the actions of independent t...
Pensions Ombudsman David Laverick is calling for stronger regulation of the actions of independent trustees, with the hope that it would make trustees more responsible for the consequences of their actions. Speaking to the Society of Pensions Consultants this week, Laverick applauds the development of an Independent Trustee Group of the Pensions Management Institute. But, he says, there is yet some way to go before a self-regulated profession will appear. Therefore, Laverick argues, there is still "a powerful case" for regulation by government. So far, "there is ...
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