Defined ambition competition: Life ambition

Rachel Dalton looks at an entry to the PP/Barnett Waddingham defined ambition competition from Kingfisher’s Matt Fuller

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The life ambition scheme is a work-based pension and savings scheme that allows employees the opportunity to save for the future, providing certainty as well as flexibility.

Fuller's model is composed of a pension scheme and an individual savings account (ISA). Members therefore have the tax free allowance of up to £11,520 per year in the ISA and a £40,000 annual allow...

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