Pensions Multi-employer schemes features@theactuary.com
THE TIMES, THEY’RE NOT A CHANGIN’ David Davison looks at the need for change to legislation governing multiemployer pension schemes and the effects on charitable organisations
Having worked in pensions for nearly 30 years, I have come to terms with what can often be the glacially slow pace of change. I am of the belief that, when change does finally come, it moves things for the better. My innate optimism is, however, being tested when it comes to multi-employer pension schemes in the UK and the undoubted harm these are inflicting on our precious charitable sector. Despite dire warnings from leading figures in the field and the unfortunate demise of some leading charities as a direct result of these pension schemes, it seems next to impossible to get commitment to finding a workable solution.
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THE ACTUARY • June 2014 www.theactuary.com
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27/05/2014 17:26