The failure to implement age equalisation changes properly could increase deficits by 15pc for around one-in-10 schemes, consultants claim.
Barnett Waddingham said the problems stemmed from the so-called “Barber window”, an effect created by two cases – the Barber judgement in 1990 and Coloroll three years later. In these cases, the ...
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 for 12 months, 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
