However, PP survey finds concern around implementation challenges
Industry comments on small pots issue as DWP call for evidence closes today
Laura Trott says improving fairness, adequacy and predictability will be central to policy
The Work and Pensions Committee (WPC) has asked the industry for “workable solutions” to address the problem of problem of proliferating small pension pots.
It is time to reconsider this potential solution to the plethora of fragmented pots, says Sir Steve Webb.
The majority of the industry is behind the Department for Work and Pensions (DWP) decision to put pot follows member on the back burner.
Former flagship policies are set to sink without a trace
A ministerial statement issued last week put key policies such as pot follows member and collective defined contribution on hold. Helen Morrissey gauges the response.
The biggest stories on the site this week include a suspected £14m fraud, deflation, and a dire threat about meddling with tax relief.