Thornton review should include gov't depts

In its six-page response to the Thornton Review of pension institutions, which includes the Pensions Regulator, the Pension Protection Fund and the Financial Services Authority, the ACA says it hopes the current consultation will be “the first in a series of regular reviews”. But it says although it agrees with the need for a review of pensions institutions in general terms, it is “not convinced by the arguments for major structural changes proposed in the consultation document”. Instead, it advocates “closer and earlier communication between pensions institutions and a clearer understan...