The Federation of Small Businesses (FSB) has produced a model for funded second tier pension that it...
The Federation of Small Businesses (FSB) has produced a model for funded second tier pension that it believes would eliminate the need for advice. The group has issued a paper on why it thinks stakeholder pensions will be ineffective and its plans for an alternative based on the with-profits investment model. The model aims to provide immediate pension membership to all workers earning above the lower earnings limit and will not create marketing or distribution cost burdens. The group is proposing that by taking part of the current National Insurance contributions and feeding them into a...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes