UK - Statutory money purchase illustrations will shock and confuse members, while driving up scheme costs experts claim.
Buck Consultants technical manager Kevin LeGrand said that SMPIs will be an ongoing administration and cost burden for firms and explained that after the initial shock – where members will see how ...
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
