Rachel Vahey: DC pension illustration reform 'going from bad to worse'

Statutory Money Purchase Illustrations

clock • 3 min read
Rachel Vahey: "The worry is that instead of tackling the issues head-on, the FRC's proposals are just making a bad situation worse."
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Rachel Vahey: "The worry is that instead of tackling the issues head-on, the FRC's proposals are just making a bad situation worse."

The FRC wants to reform Statutory Money Purchase Illustrations but its plans will make a bad situation even worse, writes Rachel Vahey

One thing uniting much of the pensions industry is the generally poor regard we - and our customers - hold defined contribution (DC) pension illustrations in. There is a widespread acceptance th...

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