It’s not just the legislative mess as A-Day approaches ‘pensions
complification’, it’s been called rather than the oxymoronic ‘pensions
simplification’ nor the funding problem of final salary scheme deficits, though
all of these are real enough.
It’s the double-edged sword that not only do many people not realise what
sort of trouble they are heading for ina regaining much of what they lost at the
turn of the century), employees can have little faith that either major City
institutions or their employers will help them provide today for what could be a
long and difficult retirement. Hardly any of this makes sense to people who
don’t talk with actuaries.
There’s never been a better time for employers to find imaginative pensions
and benefits solutions.
Download the full February Decisions, Pensions and Employee