Pensions minister Steve Webb has said automatic transfers will begin on a voluntary basis to get the policy off the ground.
Delivering evidence to the Work and Pensions Select Committee on 12 January, Webb revealed the initiative would start with the 20 largest providers who cover about 90% of the market. This comes ...
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