UK - Government plans to boost member protection will increase the costs of running occupational schemes for employers five-fold, research from Aon Consulting states.
The consultant’s research shows a £1000 deferred pension for a 40-year-old scheme member, costs £3000 under the minimum funding requirement and rises to £8000 under FRS17. But under proposals in...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date