The intention of the government to increase the scrutiny of master trusts through fresh legislation has been championed by a number of industry players.
Research from The Pensions Institute predicts the demise of many life companies, while assets under management (AUM) are expected to double to £550bn
Nearly three quarters of pension savers do not understand or have not heard of tax relief according to research.
A staggering 89% of scheme members do not know what charges they pay to their pension provider, while half do not even know they are paying fees, according to research.
High fees and clunky transfer processes must be tackled
Why DC schemes might have to give personalised risk warnings to retirees
Some workers put into Now Pensions and the People's Pension have been mistakenly enrolled multiple times, PP understands.
Most savers do not know how much money they have amassed in their pension pot, research finds.
The industry responds to regulations intended to drive up DC standards
DC charges branded "shocking rip off" as industry says things have to change