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Implications of Recent Legislation on Future Benefit Design

Published online by Cambridge University Press:  03 October 2014

D. J. M. Andrew
Affiliation:
The Faculty of Actuaries Pensions Research Group
K. J. Auld
Affiliation:
The Faculty of Actuaries Pensions Research Group
R. J. MacNicol
Affiliation:
The Faculty of Actuaries Pensions Research Group
M. C. Reed
Affiliation:
The Faculty of Actuaries Pensions Research Group
W. J. Robertson
Affiliation:
The Faculty of Actuaries Pensions Research Group
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Extract

1.1 The paper was prepared by the authors as members of the Pensions Research Group of the Faculty of Actuaries. It covers the major factors influencing the design of pension schemes during the last decade. This period saw an unprecedented level of legislation on pensions, much of it with far reaching consequences. In the final sections of the paper some suggestions are put forward as to the likely form of benefit design in the 1990s and beyond.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1992

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