Statement seasons could alienate savers

20th century policy could lead to massive demands on pension providers, says Phil Brown

clock • 4 min read

When pensions and financial inclusion minister Guy Opperman appeared before a key parliamentary committee on Wednesday (July 14) he publicly reaffirmed his ambition to introduce a pensions statement season.

Although his comments to the Work and Pensions Committee (WPC) will not come as a surprise to many within the industry, the minister's choice of words imply that a decision has been taken, if only ...

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