More than two-thirds of final salary pension scheme providers are resisting the move to defined cont...
More than two-thirds of final salary pension scheme providers are resisting the move to defined contribution arrangements, according to research from JP Morgan Fleming. The survey, based on responses from 138 of the UK's 350 largest companies, found 69% of those who only run a defined-benefit scheme have no intention of switching to money purchase arrangements within the next five years. Contact: JP Morgan Fleming on 020 7742 6326.
‘Important to have an anchor’
Lack of innovation for solutions
Some 2,000 consumers affected
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