Some of the longer serving followers of this blog will recall my post earlier this year regarding Defined Ambition (DA) schemes, and The Minister for Pensions apparent enthusiasm for this concept. For those that want to refresh their memories on this point, that post can be viewed here: https://www.jelfgroup.com/blog/2012/04/high-ambitions/
And things do seem to be progressing here. This morning I found the following item in my inbox, which appears to show continued interest in this area: https://www.professionalpensions.com/professional-pensions/news/2206318/webb-dwp-kicking-around-separate-da-regulatory-regime
I suspect that for most employers, particularly those in the SME market, this concept may still be many years away. But we will continue to monitor this, and keep you posted both on the blog and at our events.
Best regards
Steve
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