Assignment:
Provide an account of the development of the market for pensions in the UK over the past four decades, emphasising the dominant types of pensions, the key providers, previous mis-selling scandals and the existing regulatory regimes for the pension industry (ii) Assess the various benefits and risks of the new freedom for pension savers and scheme providers Assignment Brief Template Page 2 of 3 (iii) Describe the behaviours which may be evolving among DC retirees with the view to identifying the more popular actions undertaken by members who are taking advantage of their greater pension freedom (iv) Recommend changes in the investment planning of DC schemes and traditional lifestyle strategies to ensure that pension savers utilise their pension freedom in a manner that best suits their individual circumstances as well as making their postretirement savings last until they die. Criteria for Assessment In completing this assignment, students must:
1. Provide an overview of the UK pension schemes, key providers, misspelling scandals and regulatory bodies
2. Explore the principal benefits and risks arising from the recent reforms on pension in the UK
3. Discuss the more popular choices among the DC pension retirees in the wake of their greater pension freedom
4. Conclude with an assessment of how the UK's pension system is likely to development in the light of the greater pension freedom
5. Provide advice on how DC retirees might make use of their post-retirement savings to ensure that it lasts until they die
6. Include 'academic journal articles' to support your discussion
Attachment:- Faculty of Business and Law.rar