SPP praises DWP 'proactivity' on DC consultations

Society ‘commends’ DWP’s ambition to deliver positive outcomes for members

Martin Richmond
clock • 2 min read
SPP praises DWP 'proactivity' on DC consultations

The Society of Pension Professionals (SPP) has welcomed the Department for Work and Pensions' (DWP) "proactivity" after it published a series of consultations last month to address a number of issues concerning defined contribution (DC) schemes.

In its response to the DWP's call for evidence on the issue of small pots, in which the department confirmed it would launch a default consolidator to tackle the small pots issue, the SPP said the ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Half of young people unaware what DC pensions are

Half of young people unaware what DC pensions are

MRM finds 18 to 30 year olds less familiar with term ‘DC’ than ‘APR’ and ‘compound interest’

Jasmine Urquhart
clock 07 February 2025 • 2 min read
The risks of private markets for DC should not be underestimated

The risks of private markets for DC should not be underestimated

Richard Evans says the UK and Australian public views investment risk differently

Richard Evans
clock 07 February 2025 • 5 min read
CDC could play important role in tackling pensions adequacy issue, experts say

CDC could play important role in tackling pensions adequacy issue, experts say

Hymans Robertson finds positive feedback among employers about possible move to CDC

Martin Richmond
clock 31 January 2025 • 3 min read
Trustpilot