Other articles: THE TROUBLE WITH FINAL SALARY PENSION SCHEMES

The decline in final salary pension schemes (FSS) is a result of increasing costs caused in part by legislative interference. In this paper it is argued that FSS have always been detrimental to the economy. In a misguided attempt to save FSS, the government risks bankrupting large sections of the Br...

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Published in:Economic affairs (Harlow) 2006-12, Vol.26 (4), p.53
Main Author: Silver, Nick
Format: Article
Language:English
Subjects:
Economic impact
Economic policy
Legislation
Pension plans
Studies
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container_title Economic affairs (Harlow)
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creator Silver, Nick
description The decline in final salary pension schemes (FSS) is a result of increasing costs caused in part by legislative interference. In this paper it is argued that FSS have always been detrimental to the economy. In a misguided attempt to save FSS, the government risks bankrupting large sections of the British corporate sector. Other policy measures could allow greater flexibility for trustees of pension schemes and remove counter-productive legislation and encourage innovative market-based solutions to pensions problems. [PUBLICATION ABSTRACT]
doi_str_mv 10.1111/j.1468-0270.2006.00670.x
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ispartof Economic affairs (Harlow), 2006-12, Vol.26 (4), p.53
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source EBSCOhost Business Source Ultimate; Wiley-Blackwell Read & Publish Collection
subjects Economic impact
Economic policy
Legislation
Pension plans
Studies
title Other articles: THE TROUBLE WITH FINAL SALARY PENSION SCHEMES
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