NAPF Conference: Farnish adds context to DC survey results

The results of the latest annual JPMorgan Fleming DC Industry Survey were put in additional context today by NAPF chief executive Christine Farnish. JPMF found that 84% of DB schemes have no plans to offer DC alternatives, that nearly half of all private sector DB schemes are closed to new members, and that just 10% of all pension schemes belief the pensions Green Paper will encourage additional savings. Speaking at the NAPF's Glasgow conference, Farnish said: "Today, I can't talk to anyone about my job without being bombarded with anxious questions about people's pension arra...