UK - Ian McCartney, the new UK pensions minister, defended the take-up rate of stakeholder pensions whilst outlining outlining some of his aims for the new Department of Work and Pensions at a National Association of Pension Funds (NAPF) conference in London.
McCartney, appearing at before the NAPF for the first time, told delegates that it was early days yet, as far as stakeholder take-up was concerned and that he was certain of the product’s success. ...
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