Consolidating defined benefit (DB) schemes could give members greater security and lead to more affordable benefits, the Pensions and Lifetime Savings Association's (PLSA) taskforce has said.
Under a consolidated model, with links to employers severed, there would be a simplified benefits structure, which could reduce both time and cost of administration, while members could receive ben...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
