UK - The pensions review, being carried out by former National Association of Pension Funds (NAPF) chairman Alan Pickering for the Department of Work and Pensions, will only be successful if it leads to the disappearance of substantial volumes of legislation, according to the Society of Pension Consultants (SPC).
“It will not be sufficient to revise or re-express it without substantive change, or convert it into guidance,” said the SPC. “Peripheral improvement could be on balance worse than no change at al...
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