. On June 8, the Financial Sector Conduct Authority published the draft Conduct Standard and supporting documents for public comment.
It is to do with how benefit projections are communicated to members of pension funds. And for some it has raised the spectre of a situation in the 80s when there was what was called the Benefits Illustration Agreement.Andrew Davison, head of advice at Old Mutual Corporate Consultants;about what’s on the table now and whether this time is different.
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WATCH: Benefit projections rankle retirement industryMichael Avery talks to a panel of experts within the retirement planning industry about what’s on the table now
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