Pensions: DC Schemes to marry pre and post-retirement solutions? Growing old together...
The 2014 UK Budget heralded a fundamental change in how members of workplace pension schemes can take their benefits at retirement.
The 2014 UK Budget heralded a fundamental change in how members of workplace Defined Contribution (DC) pension schemes in the UK can take their benefits at retirement. While the proposals took the UK pensions industry by surprise, the increased flexibility being introduced has the potential to become a major benefit for members. The challenge the industry now faces is how to adapt DC schemes to allow members make the most of the new rules.
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