Pension transfers

Jacobs, Richard
July 2009
Money Marketing;7/30/2009, p30
The author offers strategies concerning employer's pension transfers. He suggests that because of the open-ended liability on of companies, employers must not put in place a funded final-salary scheme on pensions of employees. He suggests to use personal accounts if one has a qualifying scheme. He adds that the scheme should have a similar arrangement to the personal account, along with similar access with minimum contribution amounts.


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