Third of employers will not offer freedom and choice

Michael Klimes
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Up to 32% of employers will not amend their defined contribution (DC) schemes in light of the Budget 2014 changes according to research from Close Brothers Asset Management (CBAM).

In the firm's latest Business Barometer survey which questioned nearly 700 employers, 34% also said they did not even know whether they needed to review their plan. Many employees were being put into...

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