DC guarantees have already failed

Peter Hudson gives his take on guarantees

clock

Given there are no certainties in life apart from death and taxes, it seems a little puzzling that Steve Webb, the pensions minister, is proposing that pensions could, in future, be made ‘money safe'.

As auto-enrolment is rolled out later this year, this appears to mean that all payments, from employer, employee and tax rebates, would provide a guaranteed minimum sum that will be received upon r...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: UK pensions 'lifeboat' halts levy for DB schemes

News Digest: UK pensions 'lifeboat' halts levy for DB schemes

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 September 2025 • 1 min read
Buzz: Is it time to scrap the state pension triple lock?

Buzz: Is it time to scrap the state pension triple lock?

Triple lock, PRA regulations around funded reinsurance and longevity improvements

Professional Pensions
clock 22 September 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Just four firms manage 80% of scheme assets, two firms planning to enter superfund market, Pensions UK says remove investment barriers

Professional Pensions
clock 19 September 2025 • 1 min read
Trustpilot