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Centre for Policy on Ageing | |
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Communicating information about the funding of occupational pension schemes to scheme members a study carried out on behalf of the Department for Work and Pensions | Author(s) | Lorna Adams, Karen Bunt |
Corporate Author | IFF Research; Department for Work and Pensions - DWP |
Publisher | Department for Work and Pensions - DWP, London, 2003 |
Pages | 76 pp (DWP In-house report 110) |
Source | Social Research Division, Room 4-26 Adelphi, 1-11 John Adam Street, London WC2N 6HT. Website: http://www.dwp.gov.uk/asd/ |
Keywords | Private pensions ; Finance ; Attitude ; Qualitative Studies. |
Annotation | The Minimum Funding Requirement (MFR) came into force in April 1997, requiring private sector defined benefit occupational pension schemes to hold a minimum level of assets to meet their liabilities. However, the MFR has not worked as intended; and the Government announced proposals in March 2001 to replace it with a scheme specific funding approach. This qualitative research project was designed to help to provide input into the development of the policy for communicating information about the funding of defined benefit occupational pension schemes to scheme members. It uses the results of 30 in-depth interviews with active members and pensioners belonging to defined benefit schemes. The report examines the extent to which it might be possible to engage members in information about scheme funding, including their understanding of information relating the health of a scheme or to its closure. (RH). |
Accession Number | CPA-030304201 B |
Classmark | JK: WN: DP: 3DP |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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