Pensions minister Steve Webb has said the abolition of contracting out, brought forward to 2016, does not mean defined ambition proposals must be finished earlier.
This week, Chancellor George Osborne announced the single-tier reforms would be brought forward a year to 2016, escalating the decline of defined benefit schemes due to the abolition of contracting...
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