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Darren Philp, Director of Policy and Market Engagement at The People’s Pension has commented on fiduciary management
B&CE, the not-for-profit provider of The People’s Pension, has
responded to the FCA’s interim report on the retirement income market.
Darren said that trustees and pension providers have a role in ensuring savers have appropriate options as they approach retirement.
Patrick Heath-Lay, CEO at B&CE, gave evidence to
the Work and Pensions Select Committee, as part of its inquiry into workplace pension reform.
From next April, savers will have more freedom in how they take their pension benefits. The key will be technology.
Darren Philp, Director of Policy and Market Engagement at The People’s Pension, has commented on research into auto-enrolment recently published by the Department for Work and Pensions.