The Department for Work and Pensions (DWP) is considering setting up a lifeboat fund for defined contribution (DC) schemes funded by a levy on contributions.
Pensions minister Steve Webb revealed yesterday this is one of several options which could be included in a white paper on reinvigorating occupational pensions to be published before the end of the year....
To continue reading this article...
Join Professional Adviser
- 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.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
17 February 2021
•
7 min read
