15 March 2007
Employers have ditched 'plain vanilla' plans to pay off their
pension deficits in favour of more imaginative ideas, the pensions
regulator said.
Addressing the National Association of Pension Funds in
Edinburgh, David Norgrove said: 'We've seen some rinky dink
proposals in the last year or so. But we're now starting to see
some really innovative approaches that are more thought through and
strike a more sensible balance between the provision of members
benefits and affordability.'
