A better future for DB members: supporting good retirement choices
30 Apr 2018
The pensions landscape has changed beyond recognition from how it was three years ago. With pension freedoms enabling members to access their benefits flexibly, all the evidence suggests many more are doing so.
But with recent high profile scandals and growing interest from regulatory bodies, it’s clear the industry needs to do more to protect members from pension scams and poor retirement decisions. Trustees and sponsors have a moral duty to protect members’ valuable benefits. Providing members with access to the right information and support to help them make good retirement choices is a natural extension of these duties.
Watch our full webinar recording below as we, along with Carolyn Saunders (Pinsent Masons) and Sue Cox (like minds), explored:
- the risks of not making members sufficiently aware of their retirement choices;
- the legal issues associated with the industry doing more to support members;
- how to engage and communicate with members on their retirement choices in the most effective way; and
- proactive solutions to support retirement choice and to reduce the burden on your administration team.
If you would like to discuss anything in more detail, please don't hesitate to get in touch.