NEARLY nine-tenths of pension managers believe government proposals that schemes should commission an independent Myners compliance review to provide assurance to members the principles were being correctly applied are not a good idea, an exclusive survey by Professional Pensions reveals.
Some 88.4pc of PP’s panel of 100 top scheme managers said that the compliance review would simply add further burdens to schemes – with few benefits. Despite this, 8.7pc of respondents said that...
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