Scrapping DRA will hit schemes in spite of government promises

Jenna Towler
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The design of some occupational pension funds will be affected by the abolition of the default retirement age despite government promises schemes would not be affected, experts warn.

Last week, the government published its response to its consultation on proposals to phase out the DRA. It said: "The absence of a DRA does not affect the setting of a ‘normal retirement age' or ‘n...

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