The task of designing and running a workplace pension is becoming much more complex and more demanding: the onus falls squarely on trustees and employers to manage risks and improve returns. The legal, financial, accounting and actuarial assumptions on which pensions once rested have been shaken to the core. At the same time as having to contend with 9000 pages of relatively new regulation, trustees and employers are having to learn to operate in a radically different environment for investment.This book is designed to create clarity amid all the jargon and maze of British legislation; it takes over a hundred of the most common technical terms and explains how they actually apply in practice. Organized in alphabetical order for ease of use, each entry in the book is written in a clear and informative style, providing a sound base on which to form decisions
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