SPP cautions against pot for life measures

Response to DWP consultation highlights concerns about lower quality and payroll complexity

Jasmine Urquhart
clock • 2 min read
The SPP has warned against potential complications surrounding the 'pot for life' proposals
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The SPP has warned against potential complications surrounding the 'pot for life' proposals

The Society of Pension Professionals (SPP) has shared its “grave concerns” about the potential adoption of a lifetime provider model, in its response to the call for evidence from the Department for Work and Pensions (DWP).

The organisation's response acknowledged the DWP's efforts to develop a "sustainable long-term strategy" for defined contribution (DC) pensions, and to tackle issues such as the proliferation of sm...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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