PADA: Lifetime annuity likely to be most appropriate personal accounts option
A lifetime annuity or trivial commutation is likely to be the most appropriate decumulation option for personal accounts members, PADA says.
The Personal Accounts Delivery Authority published responses to its consultation on decumulation - Building Personal Accounts: Securing a Retirement Income - today. It said there was also general acknowledgement...
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Have your say: Should CEOs have to pay into the same staff DB scheme as their workers?
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.