The consolidation of pension funds can bring increased benefits but must be managed effectively and “replicate” the benefits of strong employer connections, a session at the Pensions and Lifetime Savings Association (PLSA) Investment Conference has said.
At the beginning of April last year, Professional Pensions assembled a panel of experts to discuss some of the challenges larger defined benefit (DB) schemes were facing and how they were looking to address them.
A number of UK pension schemes, insurers, advisers and trustee firms have become founding signatories of the newly-launched Sustainability Principles Charter.