DWP response to small pot problem will not 'come to firm answer'

clock

The government will not come to a firm answer on the question of small pension pot consolidation despite an industry-wide consultation on the issue initiated by pensions minister Steve Webb.

The minister said the Department for Work and Pensions response - due shortly - will narrow down options and indicate a "direction of travel" for dealing with small pots, but will not put forward a...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

LCP publishes tips for successful large scheme onboarding to dashboards

LCP publishes tips for successful large scheme onboarding to dashboards

Schemes should have effective communication, governance and project management

Jasmine Urquhart
clock 28 July 2025 • 1 min read
XPS illiquid asset trading solution passes £330m in deals

XPS illiquid asset trading solution passes £330m in deals

Two transactions made last month with help of secondary market solution

Jasmine Urquhart
clock 23 July 2025 • 1 min read
Broadstone partners with Pension Potential to support DC clients

Broadstone partners with Pension Potential to support DC clients

Digital retirement platform to provide support and calculation tools for DC members

Jasmine Urquhart
clock 21 July 2025 • 1 min read
Trustpilot