 would be worse off, especially if they died in their sixties or seventies. The debate over collective schemes, sometimes known as 'Dutch-style pensions', took on new life when Jeremy){kind=link}
Claims about the benefits of a new breed of pension scheme proposed by the government are exaggerated and may not exist at all in some cases, a report has suggested.
Several earlier studies have found that retirement incomes could be boosted by between 22 per cent and 70 per cent if people were enrolled in so-called collective defined-contribution schemes rather than in conventional defined-contribution plans.
However, a study from Milliman and Barnett Waddingham, the actuarial firms, has found that the benefits would be at “a much lower level”, while some people (or their heirs) would be worse off, especially if they died in their sixties or seventies.
The debate over collective schemes, sometimes known as “Dutch-style pensions”, took on new life when Jeremy
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