Industry blasts 'Animal Farm' style consolidation pressure

PP poll respondents say smaller schemes are under too much pressure

Hope William-Smith
clock • 2 min read
Survey respondents push back against "big is best" approach to DC.
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Survey respondents push back against "big is best" approach to DC.

The pressure on defined contribution (DC) schemes to consolidate is “too much” and risks losing the saver as the central focus in pensions, PP poll pundits say.

More than half (52%) of respondents to last week's Pensions Buzz survey agreed that smaller schemes face too much pressure, pointing to both The Pensions Regulator (TPR) and the Department for Work...

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