01 August 2019

Poor governance at the smallest schemes putting retirement of members at risk

1 min read

Helen Morrissey, Personal Finance Specialist
Helen Morrissey

Corporate PR Specialist – Long Term Savings


Responding to The Pensions Regulator’s DC survey, Helen Morrissey, pension specialist at Royal London, said:

“Today’s figures show the shocking state of underperformance, particularly among the smallest schemes. Poor scheme governance puts the retirement savings of scheme members at very real risk. If standards cannot be improved within these schemes then steps must be taken to wind them up.”

Notes to Editors

The Pension Regulator’s DC Survey can be found here


For further information please contact:

Helen Morrissey, Corporate PR Specialist – Long Term Savings

About Royal London:

Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £139 billion, 8.6 million policies in force and 4,348 employees. Figures quoted are as at 30 June 2020.