It is wrong and "possibly illegal" for trustees to fully embrace The Pensions Regulator's stance on enhanced transfer value exercises, Raj Mody says.
PwC chief actuary Mody said it was important to remember that the regulator's draft guidance is still out to consultation and is not anywhere near official yet. He said trustees must remember th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
