It's our round-up of the stories your clients may have read in the national newspapers over the Easter break...
Pensions An alarming piece in the Telegraph just as readers settled into their Easter break, with the suggestion that defined contribution (DC) pension schemes require ten times input for the same retirement income as a defined benefit (DB) scheme. According to the report, a worker aged 35 on a DC scheme would need to contribute 55% of their salary to get the same retirement income as a worker paying just 5.1% into a DB scheme. Flop funds There was no beating around the bush in the Independent, which sought to expose the ‘flop funds' which are leaving investors seriously short-chang...
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