Occupational schemes could be phased out

May 2007
People Management;5/31/2007, Vol. 13 Issue 11, p12
The article highlights the issues tackled in a roundtable among personnel managers (PM) on the possibility that occupational schemes could be phased out due to the trends in pension provision in Great Britain. Speakers noted that the plan of the British government for personal accounts, along with A-Day tax changes and the efforts of private sector to move away from defined benefit schemes, push individuals to be responsible for their own pensions.


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