Defined benefit (DB) schemes and the protection system in place for members are working despite recent high profile failures such as Carillion, according to the pensions and financial inclusion minister.
Guy Opperman urged the pensions industry not to jump to conclusions and assume the system is "broken". Speaking at an Association of Member Nominated Trustee conference on 28 February, he said: "I accept...
Six hours for a client report
700,000 transfers in 12 months
104 delegates attended
'Benefit from healthy cash levels'
Could be two months to complete payment