The Institute and Faculty of Actuaries (IFoA) has urged the government to tackle social care reform and to support alternative structures, such as collective defined contribution (CDC) schemes, to rebalance the risks facing individuals.
In its statement - published ahead of the Queen's Speech, which is expected to be delivered next Tuesday (11 May) - the professional body said a long-term view was essential to meet the needs of UK...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
