Many
new and important challenges to face trustees and scheme sponsors
have emerged and with so many key issues to deal with, the opportunity
for the creation of conflict has never been greater, not least because
many such conflicts never existed before.
Expert-led
professional help through mediation and conflict management can
help the parties concerned to reach a satisfactory outcome. Of course
time and cost are important too, which is why NAPF have teamed up
with CEDR Solve to provide The Pensions Mediation Service as a low
cost alternative to litigation.
Completely
independent, impartial and confidential, the service aims to resolve
issues between trustees and scheme sponsors effectively to minimise
any negative impact.