
OFT: Legacy charges, small DC trust schemes threat to £40bn of savings
Old, high-charging pension arrangements and small trust-based schemes are a threat to £40bn of defined contribution (DC) savings, the Office of Fair Trading has found.
Its report into the workplace defined contribution (DC) market found £30bn is invested in contract and bundled-trust legacy arrangements that "may not be value for money" for savers. Similarly, a further...
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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.