Guaranteed DC: Too good to be true?

Steve Webb’s ‘stunning sales pitch’ for guaranteed DC is controversial. Helen Morrissey investigates.

Helen Morrissey
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The idea of attaching guarantees to DC pensions is a controversial one. Yet it is an idea the pensions minister is convinced could help to rebuild trust in pensions.

"People just don't trust pensions and I think this is where guarantees can play a role," Webb told the audience at Cass Business School. "They are one way of helping people to see they are making p...

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