Analysis

Pensions re-think

By November 2009 (Magazine)

As the drive to reform private pensions in the US gathers pace, features of the UK’s forthcoming personal accounts system – which includes mandatory automatic enrolment, prohibition of fund withdrawal and the mandatory annuitisation of benefits – could be adopted in the US. One of the US lawmakers pushing in this direction is George Miller, Democrat Representative for California, chairman of the House Education and Labor Committee.

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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

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