Summary
THE Chancellor must release a mountain of longterm debt and overhaul pensions accounting rules, or Britain's productivity and international competitiveness will suffer, Legal General has warned.
Pensions rules that force company schemes to sell shares and buy bonds have created a rapidly spiralling funding crisis, the insurer has claimed.See the full content of this document
Extract
Alarm Bells Ring Over Pensions Deadlock
Andrew Clare, an LG economist, says that regulatio...
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