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Pot for life proposals will be ground-breaking and signal a shift from “employer choice” to “member choice”, the industry says, but what does it mean for industry and how far will it go.
Chancellor Jeremy Hunt has announced he will consult on “pot for life” pensions reforms.
Pensions are expected to have a central place in chancellor Jeremy Hunt’s Autumn Statement today (22 November). Yesterday, Hunt announced a £320m plan to drive innovation and unlock the first tranche from his Mansion House reforms.
Pot for life proposals will signal a shift from “employer choice” to “member choice”, but what does it mean for industry and how far will it go?
There truly is nothing more divisive in the industry than the company that employs the majority of it…St James’s Place (SJP).