Consolidating pension pots through a pot follows member system is more cost effective for than alternative forms of accumulation, Department for Work and Pensions statistics show.
In figures published today, using a £5,000 minimum pot size, the pot follows member system was more effective than a proposed aggregator scheme or using a large existing scheme such as NEST, when n...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders