Industry says clearer definitions needed ahead of DC consolidation

A panel of experts look at the benefits and drawbacks of DC consolidation

Holly Roach
clock • 5 min read
Top row L-R: Sackers' Andy Lewis, Smart's Jamie Fiveash. Bottom row L-R: L&G's Jesal Mistry, Scottish Widows' Pete Glancy, SEI's Steve Charlton
Image:

Top row L-R: Sackers' Andy Lewis, Smart's Jamie Fiveash. Bottom row L-R: L&G's Jesal Mistry, Scottish Widows' Pete Glancy, SEI's Steve Charlton

Clearer definitions are needed before consolidation of the defined contribution (DC) market can take place, industry experts say.

Last year, chancellor Rachel Reeves' delivered her inaugural Mansion House speech and made several proposals for the pensions sector, including consolidation of DC funds into ‘megafunds' in a bid t...

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Holly Roach
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