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Our top takeaways from our latest Pensions Ombudsman Update include:
Trustees are likely to find themselves under increasing pressure to offer discretionary increases – considering such a decision
Death benefits – avoiding delays: review your processes
While fund switching restrictions may be reasonable, communication is key
Automatic enrolment notifications: getting the hows and whats right
Plus – be aware of some recent news and publications from the Ombudsman.
This publication is intended for general guidance and represents our understanding of the relevant law and practice as at September 2022. Specific advice should be sought for specific cases. For more information see our terms & conditions.
07 September 2022