At face value, the effect of the Myners Report on pensions lawyers is negligible. However, its recommendations on the role of trustees means that lawyers will have to take note, argues Hugh Arthur
Sometimes truisms are actually true. This year, however, clients are starting to ask different sorts of questions of their pension lawyers. HR directors and pension managers take it for granted that their pension lawyers can advise them about the latest views of the Occupational Pensions Regulatory Authority on unintentional breaches of this or that regulation – and there are a considerable number of regulations to breach.
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