Property News · May 15, 2016

Pensions regulation gaps could see workers lose savings, MPs warn


Work and pensions select committee says it had concerns about lack of regulation around master trusts many employers use to invest employees’ cashWhile the introduction of auto-enrolment to workplaces has been a “success story”, the work and pensions select committee said it had concerns about the lack of regulation around the master trusts many employers use to invest employees’ cash.“Should one of these trusts collapse, there is a very real danger that ordinary scheme members would lose their retirement savings,” it said. Continue reading…

Source : theguardian.com
Read more…Pensions regulation gaps could see workers lose savings, MPs warn

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