News for week ending 28 August
Turmoil in global equity markets leads to volatile pension deficits, whilst the BBC decides to pay for financial advice for its members.
New retirement options 2014
For many schemes, introducing new retirement options should be a win-win for both the company and the members. In an environment where companies and trustees are working extremely hard to manage their pension commitments, the advantage of reviewing retirement options is that new options can be implemented quickly and cheaply. In this Briefing, originally published in November 2012 but now updated to reflect the 2014 Budget changes, we look at what these options are and how they can be made to work in practice.