NAPF launches pensions mediation service

clock

Members of the National Association of Pension Funds (NAPF) will now have access to a new mediation service to settle disputes.

Launched in conjunction with the Centre for Effective Dispute resolution (CEDR), NAPF says the Pensions Mediation Service is a viable means of resolving disagreements and complaints, and will be available to all member schemes at a discount. Under the new regulatory regime, NAPF says trustees could potentially find themselves at the centre of conflicts between the interests of sponsoring employers and scheme members. It claims disputes could arise over such issues as the need to make changes to schemes where there is pressure on costs, the payment schedule for plugging deficits and conc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read
Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read