Occupational schemes set for demise

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NEARLY three-quarters of scheme managers believe that government proposals for a system of personal accounts will lead to a levelling down of private workplace pension provision, an exclusive survey by Professional Pensions reveals.

Some 73.1pc of PP’s panel of 100 top scheme managers said that personal accounts would lead to the demise of occupational schemes. Despite this, 19.4pc of respondents believed that personal acco...

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