UK - Companies looking to change their existing benefit structure must examine the hybrid scheme option, chairman of the government's new Pension Commission told delegates at the recent CBI/Mercer conference in London.
Adair Turner said employers needed to stop offering solely defined benefit or defined contribution plans as both arrangements on their own were “too risky”. He said a combination of the two arrang...
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, 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
