SPP urges rethink of lifetime provider model, raising cost and complexity concerns

Paper raises questions about impact on engagement, member value and competition

Jasmine Urquhart
clock • 3 min read
The SPP has raised several concerns about the implementation of the lifetime provider model
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The SPP has raised several concerns about the implementation of the lifetime provider model

The Society of Pension Professionals (SPP) has released a paper questioning the benefits and risks of the lifetime provider model.

Firstly addressing the government's current pensions policy reforms including the dashboard system, the paper said these should "be given an opportunity to be implemented and assessed". The pape...

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