UK - Employers are being warned to brace themselves for an angry backlash when staff see how much stock market falls have hit their retirement pots.
Human resources consultant Black Mountain says many members of defined contribution schemes will see their pension pot slashed by up to 60% when the first Statutory Money Purchase Illustration stat...
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
