NAPF welcomes this review. The pensions bodies that fall under the remit of this review perform critical functions, which help safeguard members’ pension rights. Largely these are functions that need to be carried out by experts and free of any political interference. However the pensions landscape has changed considerably since these organisations were first set up and it is right to review whether these functions are performed effectively and in the most efficient way. The NAPF’s response to this review includes a series of constructive proposals as to how these bodies could be made to work better and truly reflect the pensions landscape in which they now operate.
In particular, the NAPF recommends that:
Also in the series
Investment Insight: Social Housing18 April 2013