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A step closer to the death of the company pension scheme

09 September 2014

The pension minister’s announcement that restrictions on the National Employment Savings Trust will be abolished in 2017 is a significant step towards the end of the individual company pension scheme. The European Commission’s decision to approve the lifting of the annual contribution cap of £4,500 and the removal of the ban on bulk transfers makes…

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#Blair. #statepension #Brown #definedbenefit #labourgovernment active annuities asset management auto-enrolment CDC DC defined contribution engagement government LGPS mandatory mastertrust NEST passive pensions policy pots saving schemes self-employed volatility