The Pensions Board has published a consultation paper on the future of defined contribution pensions. The paper sets out an overview of the current DC system and, in particular, the Pensions Board’s view on some significant problems within the system. The paper also sets out the Pensions Board’s objective as regards the future regulation of defined contribution pension provision and how it envisages achieving this objective.
The Pensions Board has invited trustees, providers, managers, advisers and other interested stakeholders to submit comments by 30 October 2013.
Contributed by Mary Greaney.
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