Employers believe the Code of Good Practice attached to Pension Incentive Exercises (PIEs) has improved the reputation of such moves but reduced take-up rates, government research finds.
The study conducted by the Department for Work and Pensions (DWP) found that employers had seen lower take-up rates without cash incentives, which are not permitted under the voluntary code. But...
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
