Pensions minister Guy Opperman talks about the benefits of pension scheme consolidation.
Hear the minister talking about why he believes the UK should learn lessons from Australia, consolidate smaller schemes and improve outcomes for members.
Hear the minister talking about why he believes the UK should learn lessons from Australia, consolidate smaller schemes and improve outcomes for members.
Guidance should enable trustees to make the 'best' decision for their members
Total value withdrawn has jumped from £53.6m in 2023/24 to £91.2m in 2025/26
LCP says early preparation will help employers navigate the transition