Meaningful guarantees for defined contribution (DC) members are prohibitively costly, driving down demand, according to Hymans Robertson investment consultant Mark Jaffray.
Guarantees are unnecessary for people starting out in their careers but become more important nearer retirement, he told delegates at the National Association of Pension Funds' (NAPF) Investment Co...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders