"Devil in the detail" of pensions insurance scheme
Actuarial firm Barnett Waddingham has offered cautious support to proposals for an insurance scheme that would provide certainty for members of defined contribution pension schemes that they would get a guaranteed minimum pension at retirement.
Pensions Minister Steve Webb, pictured, said that such a scheme could ensure that pension holders get back at least what was invested in the scheme by themselves and their employers.
Barnett
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