Introducing shared risk through a career average scheme for the public sector is the only way to achieve long-term sustainability and lasting reform, Mercer says.
The consultant urged the government to adopt a career average orientated package of reforms over alternatives such as a one-size-fits-all approach or a simple defined contribution set up, which is ...
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
