UK - Legislation designed to protect pensions has the "perverse" consequence of leaving fewer defined benefit pensions to protect, the Pensions Management Institute (PMI) conference heard yesterday.
Hewitt consultant Kevin Wesbroom warned delegates that protective legislation was in fact causing employers to retreat to the safety of defined contribution schemes. But DC carried its own probl...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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