The current savings crisis in the UK is no less important than the economic crisis was, Lord McFall says.
Speaking at the launch of the Workplace Retirement Income Commission on Tuesday (PP Online 1 February), McFall - who is chairing the commission - said we are living in an "age of insecurity" where people...
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Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.