Kingfisher Pension Scheme has said it is holding fire on a trivial commutation derisking drive to focus instead on data cleansing, while research shows 83 per cent of members would consider such a ...

From the blog: Most pension schemes are considering derisking and most of those are considering trivial commutation. Why? Probably because it seems like the pension scheme equivalent of decluttering – ...

An individual is only eligible for trivial commutation if all of their pension benefits, both those in payment and those not yet in payment, are worth less than a certain amount set by the government.

The fact that every provider does not have to offer trivial commutation is a key issue, says Andrew Tully, pensions technical director of MGM Advantage, who says the change in triviality is subject to ...