A-Day to prove costly

November 2005
Employee Benefits;Nov2005, p13
The article presents information on pension management. Employers can incur significant legal and actuarial costs in preparing for pensions simplification. According to the president of the Pensions Management Institute, Penny Green, employers should put project plans in place, draw up budgets, devise communication strategies and train their staff. She admitted that the pensions industry was still waiting for some legislative details to be clarified in relation to pensions simplification.


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