Webb blasts OECD stance on DC freedoms as 'institutional conservatism'

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Pensions minister Steve Webb has hit back at criticism that the decision to abolish mandatory annuitisation could jeopardise the benefits of auto-enrolment (AE).

This comes after the Organisation for Economic Co-operation and Development (OECD) argued that some form of compulsory annuitisation was needed to support the gains made by AE (PP Online, 8 Decembe...

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