Benchmarks for affordability and quality

Elizabeth Corley, chief executive Allianz Global Investors Europe, says the retail distribution review (RDR) and Nest, the UK's coming auto-enrolment pension scheme, offer an opportunity to revisit occupational pension schemes in the UK that she hopes the industry will respond to. Helping consumers to understand quality is an important factor, she says, adding her working group had proposed learning from the US 'safe harbor' labelling for pension products.