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Steven Cameron, Pensions Director at Aegon, comments on the FRC proposals to change the methodology behind pension projections to be based on the historic volatility of a fund’s performance.
We’re deeply concerned about the FRC proposals to change the methodology behind pension projections to be based on the historic volatility of a fund’s performance. The FRC’s is seeking greater consistency in the projection rates used by different pensions appearing side by side on dashboards. While it’s important that projections for the same pension appearing in different places such as dashboards and yearly statements match up, every pension an individual has will be invested in different funds and can be expected to generate different future returns.
Media contact: Tess Gee, PR Officer, tess.gee@aegon.co.uk
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