Another set of pension reforms?

02 June 2014

The Queen’s Speech on Wednesday may include a proposal to enable workers to contribute to Dutch-style 'collective pension' funds which they will share with thousands of other members. The Daily Telegraph reports that this will involve employees pooling their investments in a 'mega fund' that will pay them an income in retirement. The intention is that these funds will be less vulnerable to variations in the stock market than individual pension pots.