Monthly Archives: February 2011

F1rst Briefing – Annuity Reforms

Background The Government is removing the requirement for individuals with defined contribution (DC) pension funds to secure an income, usually by purchasing an annuity, by age 75. Following consultation, the Government has drafted provisions to be included in the Finance Bill to facilitate this change. The proposed changes will take effect from 6 April 2011. […]

What really matters – DC outcomes

What surprises us about current DC consulting is how little good it does; three of us sat down yesterday to work out how our firm could do something to improve the pensions arising from DC saving. We organised our thinking around the past, the present and the future. The Past Corporate DC pensions in the […]