Occupational pensions - facing a deepening crisis?
As concern grows over the increasing pension fund deficits being reported by some of the UK's largest companies, we look at the problems that continue to beset occupational pension provision in the UK, and consider the possible impact of recent government proposals on pension reform.
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Key points · UK occupational pension funds continue to be adversely affected by a number of factors including falling equity markets, increased longevity, tougher accounting regulations and rising administration costs. |
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