LCP says alternative approach would deliver better results more quickly for government
DC megafunds will lead to ‘massive’ cost and disruption and may fail to deliver stated aims
Industry experts says consolidation into megafunds presents ‘complexity’
Reynolds says she wants to legislate for greater scale in consolidation and shift focus to value
Government plans to create DC ‘megafunds’ to tackle ‘fragmented pensions landscape’
Chancellor unveils ‘biggest pension reforms in decades’