Super trusts could boost pensions by 30% - NAPF

NAPF says the large, low cost schemes would offer benefits to both savers and to employers, who will be able to provide access to high quality pension arrangements. The proposal comes as part of the NAPF's Fit for the future - NAPF's vision for pensions, a blueprint for the UK pension system building on the government's 2012 reforms. The paper also says there is scope to increase mandatory contributions from 8% to 11% to provide people with a more adequate income in retirement. It also encouraged new forms of risk sharing, including core defined benefit pensions that would not have...