Against a backdrop of austerity, pensions are at a crossroads. Regulatory change and a "collective effort" from employers, individuals and the government are needed to restore trust in pensions.
The roll out of auto-enrolment, problems with defined benefit funding, regulation and nervousness about savings were all examined at the NAPF conference in Liverpool this week.
In response to these pressures, law firm Squire Sanders put forward a set of “core recommendations” on the back of a recent white paper to ensure the long-term viability of defined contribution (DC) pension schemes.
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