Ex-AIFA director Cummings to investigate DC pensions

Cummings was asked at the 2011 Gleneagles Conference to chair a working group to examine the ability of the market to deliver efficient and accessible pensions. TheCityUK will collect opinions from employers, pension providers, professional bodies and consumer groups on the state of the market and new pension reforms. Cummings, who stood down as director of AIFA in June 2010, said: "As TheCityUK is independent and impartial, we are firmly placing scheme members and employees at the centre of our thinking. "There are already lots of alternatives on offer which can be bewildering and...