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Bonkers! Employers lack of pensions understanding is beyond belief

Henry Tapper asks why, after 25 years of pension advice, employers are still bewildered

Henry Tapper

03 October 2013 •

A delegate at the Labour party conference said last week: "Would you buy a house without knowing what it looked like and what it cost? That's what it felt like buying a workplace pension for my staff."

When I heard that, I had just read the Office of Fair Trading (OFT) market report into workplace defined contribution (DC) pensions. Hidden away on page 158 is this statement: "The buyer side of th...

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Bonkers! Employers lack of pensions understanding is beyond belief

Henry Tapper asks why, after 25 years of pension advice, employers are still bewildered

A delegate at the Labour party conference said last week: "Would you buy a house without knowing what it looked like and what it cost? That's what it felt like buying a workplace pension for my staff."

Join Professional Pensions

Already a Professional Pensions
member?

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Bonkers! Employers lack of pensions understanding is beyond belief

Henry Tapper asks why, after 25 years of pension advice, employers are still bewildered

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A delegate at the Labour party conference said last week: "Would you buy a house without knowing what it looked like and what it cost? That's what it felt like buying a workplace pension for my staff."

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More on Defined Contribution

DC master trust outcomes 'significantly improved' since 2022 gilt market volatility

Major master trusts express concern over government's approach to DC consolidation

'Decisive action' needed to address £100,000 gender pensions gap

Already a Professional Pensions
member?