Earlier this year Royds published a "White Paper" entitled "The Emperor's New Pension, or, How Most British Defined-Benefit Pension Schemes Have Been Calculating Pensions Wrongly for the Last 20 Years".
The White Paper, like Government White Papers, was intended to stimulate debate and to bring the matter out into the open. It pointed out that if pensions were calculated correctly, and in full compliance with European and British law, there would be a saving to UK plc of up to £100 billion, which would certainly help the recovery from a double-dip recession.
Now Financial Library, a joint venture of pensions and investment journals, has picked up the Royds White Paper and has made it one of their Editor's Picks of the Week. These are emailed to all the great and good in the pensions and investment world.
If you have not seen the White Paper, you can download a copy here.
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