Current DB landscape 'not sustainable', Ros Altmann warns

In response to DWP green paper

Hannah Godfrey
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Ros Altmann: "Over the past few decades, employers have ended up being forced to take on more and more expensive liabilities."
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Ros Altmann: "Over the past few decades, employers have ended up being forced to take on more and more expensive liabilities."

The current defined benefit (DB) pensions landscape is unsustainable and unaffordable, regardless of the views presented in the government's latest green paper, former pension minister Ros Altmann has warned.

In her response to the government's DB pension consultation Altmann (pictured) said affordability was a major obstacle to a workable DB environment in the UK. She contradicted the paper's claims there...

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