Money purchase: what next for schemes?

Naomi Rainey looks at the practical implications of the DWP’s money purchase consultation

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Last week, the Department for Work and Pensions (DWP) published its consultation into the definition of money purchase benefits.

The paper, which follows the July 2011 Supreme Court ruling in Bridge v Yates (PP Online, 27 July), proposes transitional arrangements to support section 29 of the Pensions Act 2011 to come into fo...

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Naomi Rainey

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