Watson Wyatt has launched a database to help clients compare European defined contribution (DC) pension providers.
The management consultancy says the research database should make pension arrangement control across Europe easier. Gary Smith, a senior consultant at Watson Wyatt, says: "While multinational companies are realistically some way off being able to arrange fully fledged pan-European pension plans, they can still gain many of the benefits they are looking for by taking a consistent, managed approach to their various DC arrangements around the continent." Watson Wyatt says a pan-European approach to pensions can create savings as some providers offer discounts to companies using a lot of the...
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