Making pension schemes more intelligible

Making pension schemes intelligible to members can be problematic. They are not easy to understand to start off with and the myriad of legislative changes over the past 20 years have only made things more complicated. However, legislative changes have also required members be given more information about their pension schemes and for that information to be in more plain English. So are members better informed these days? First, it is worth having a look at what information has to be disclosed to members. When you stop to think about it though, unless members make a specific requ...