Financial Times, January 30th 2003, p.6
Fears of a looming pension crisis are reinforced by a report predicting that the number of people aged 65 or over will overtake the number under 16 in 11 years. Britain's ageing population is due to two factors highlighted in the latest Social Trends report from the Office of National Statistics: the decline in infant mortality and the fall in the birth rate.
Pensions, vol. 8, 2003, p.139-146
Paper examines the legal implications for an employer seeking to switch from a defined benefit to a defined contribution occupational pension scheme. It considers legal issues arising in four key areas:
National Audit Office
London: TSO, 2002 (House of Commons papers, Session 2001/2002; HC1262)
Looks at how the Occupational Pensions Regulatory Authority (OPRA) seeks to protect the interests of people who belong to an occupational stream. Covers improvements in the governance of pension schemes and current risks to members.
Pensions, vol. 8, 2003, p.152-161
Employers have had to comply with new obligations to designate and provide access to a stakeholder pension scheme since October 2001. Paper gives an overview of the compliance regime, covering: