The decision to abolish mandatory annuitisation has the potential to undermine the success of auto-enrolment (AE), the Organisation for Economic Co-operation and Development (OECD) has warned.
It welcomed AE as a positive move for improving pension participation, but said coverage rates were better under compulsory systems. According to its Pensions Outlook 2014 report, coverage in th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
