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Craig criticises pensions response

Scottish Equitable pensions development manager Margaret Craig has hit out at the negative tone of responses to the Government&#39s Pensions Green Paper, claiming the industry is becoming too bogged down in the detail and losing sight of the end goal. Craig was a member of the Pickering review team, whose report published last July led to the Green Paper. She says the proposals outlined would lead to a significant reduction in the complexity of the pension landscape and could persuade more people to save for retirement.

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Case study: administration — managing group life schemes

Our client leads the global market in high-tech electronics manufacturing and digital media. The trustees of the company’s final salary pension scheme insure death-in-service lump sum and dependants’ pension death benefits for active employees, as well as dependants’ pension benefits for deferred members (those who have left service).

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