Employers acting responsibly

Over the next few years the UK pensions industry, government, regulators, and employers will invest some considerable time and money in the pensions reform agenda. This is worthwhile if the overall objective of pensions reform is met - more people save more money towards their retirement income. However, we will fail to hit target if employers ignore their responsibilities or level down the good pension provision they already offer. Judging the reaction of employers and individuals to these changes is always going to be difficult. As part of the Regulatory Impact Assessment that accompani...