Pensions minister Steve Webb has called for a middle-ground "defined aspiration" pension.
‘DA' pensions would provide a "third option" to sit between current defined benefit and defined contribution schemes that would give individuals a greater sense of what they will get in retirement ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date