With Morrisons, Daily Mail and General Trust and Barclays already signed-up, Capita looks at the risk-sharing model of cash balance schemes
Capita’s Robin Hames looks at the pros and cons of what he considers an underrated scheme design.
Issues covered include:
- Members’ options at retirment after building up a defined savings pot
- The potential of cash balance schemes as an auto-enrolment options
- Examples of cash balance schemes already running