Tag Archives: AA

Consistency and Simplicity (guest blog – Ralph Frank)

  The current UK pension taxation regime gives preferential treatment to Defined Benefit (“DB”) savers relative to Defined Contribution (“DC”) savers at both theAnnual Allowance (“AA”) and Lifetime Allowance (“LA”) levels.  The current taxation system is overly complex, with two … Continue reading

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In place of strife

As we contemplate the impact of industrial strife as the structural changes to pensions (and elsewhere) are rolled out, we need to be looking to the solutions that have worked. Perhaps this is one of them.
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Why do some workforces accept DB pension closure and some strike?

The members I spoke to …were not happy but at least they understood the corporate dilemma. It seems that over time they have reached a consensus that it is in their long-term collective interest to accept the proposed changes and move on without unrest.

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Posted in de-risking, Liability Driven Investment, pensions | Tagged , , , , , , , , | 5 Comments