UK - Companies need to take the lead in managing employees' expectations for death-in-service benefits ahead of pensions simplification, according to Watson Wyatt partner David Cross.
Cross said it was vital for companies to communicate with employees to manage expectations and that the new regime offered major tax advantages for many employees but they would need to be educated...
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