A "herd-like" move towards defined contribution and a further lowering of scheme quality levels in 2012 could lead to an almost "third-world" level of pension provision, Geoffrey Staines warns.
In an exclusive interview with PP, the Daily Mail & General Trust pensions director said, while defined benefit schemes had run their course, the solution of simply providing a DC alternative was o...
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
