Pensions stalwart highlights issues
The transition from defined benefit (DB) to defined contribution (DC) and the growing influence of EU legislation are major issues facing the UK pensions industry, according to Aegon's outgoing director of pensions development Stewart Ritchie.
Ritchie, who is to retire at the end of this month after 36 years with the company, told Global Pensions: "I think the move from DB to DC will not reverse itself. I can see no evidence in areas of the...
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