The TUC have launched this report and it will be debated at its pensions conference this morning.
This week, a group of friends launched a Pensions Mutual to take forward this idea in CDC.
Pensions Mutual supports the aim of this 40 page document
The TUC report Member voice in pension scheme governance: Making member representation work at scale is available to download here.
This report will be launched with a panel discussion from 10:30 to 11:30 at today’s conference.
I hope that it gets in front of the Pensions Minister who is speaking at this Conference at 10: am.
Ask the Minister to stop blocking Baroness Altman’s Lords’ Amendments to the Pension Bill that would require DB Trustees to commission reports (TAS300) to properly assess alternatives to buy-out and assessing the risks and opportunities to improve member outcomes.
Representation is critical, but of limited value if members, Trustees and Unions are denied access to better information to assess all pension options whether DB/DC/CDC. The only people who thrive on the controlled opacity are those lobbying for the continued transition of the nation’s store of pension wealth to largely offshore insurers