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Large employers positive on stakeholder

Large employers are already viewing stakeholder pensions in a positive light, according to findings by consulting actuaries Punter Southall.

In a survey of pension managers from the largest 250 companies in the UK, it was revealed that nearly a third (29 per cent) have put a stakeholder scheme in place.

Spokesman David Segal says: “The results suggest larger companies may be setting up stakeholder schemes either to cater for temporary staff and contractors who are typically not eligible to join occupational schemes, or as an alternative to AVCs.”

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