Small pension schemes failing on pension liberation - regulator

TPR's Governance Survey Report 2014, produced by GfK Financial, found 96% of respondents were aware of pension liberation, with knowledge highest among large schemes (99%), medium schemes (97%) and defined benefit (DB) or hybrid schemes (96%). However, while 88% of schemes with 12 to 99 members said they were aware of liberation fraud, far fewer said they took specific action relating to the practice. Under half (43%) of 128 small schemes interviewed on liberation action said they discussed the matter at trustee meetings. A further 34% said they planned to add this to their agenda. ...