Small DB schemes 'lagging behind' well-run larger counterparts - TPR
Stepping up 'proactive involvement'
The majority of defined benefit (DB) savers may sit in "well-run, larger schemes", according to The Pensions Regulator (TPR), but the watchdog has warned it needs to act on smaller schemes that are "lagging behind".
TPR said smaller DB schemes tended to display "poorer governance standards" and have trustees who place less emphasis on assessing the fitness and proprietary of new trustee board members. It also found...
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