Trustees have been warned to ensure communications they send to members comply with the updated disclosure of information regulations from 6 April to avoid a £50,000 fine.
Barnett Waddingham associate Phil Duly urged trustees to do more than the bare minimum in keeping members up to date, especially regarding lifestyle strategies. He said: "Engaging staff interest...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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