Company Pension Schemes Under Microscope ; Legal&Finance

Summary


In recent years many employers have set up pension schemes for their employees. Often these have been of a type known as group personal pensions or stakeholder schemes, which work on a "money purchase" basis with the employer agreeing to make a contribution of a given percentage of pay.

These have provided a vital stepping stone to many as part of the process of saving for retirement, although inevitably some have been better than others in promoting investment choices that are in keeping with the member's appetite for risk.

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Extract


Company Pension Schemes Under Microscope ; Legal&Finance

This inequality has not been lost on those who administer the regulatory framework for UK pension schemes a...

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