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The industry has offered its views on the issue of small pots, with some calling for a pot-follows-member approach, while others urge for the adoption of a default consolidator option.
The deal marks Cushon’s third master trust acquisition in two years and doubles its size
The pensions industry has welcomed the government’s ‘stronger nudge’ proposals, but some have warned they still “don’t go far enough”.
SEI has acquired the Atlas Master Trust from Capita Pensions Solutions in a bid to increase its scale and grow its business.
Government sets out plans to raise normal minimum pensions age to 57 by 2028 Minimum pension age to hit 57 under government plans Jenna Brown. Additional reporting by Professional Pensions 11 February 2021 The normal minimum pension age (NMPA) is set to increase to 57 under plans unveiled in a government consultation today (11 February). At present, people aged 55 can access their retirement funds but the age limit is likely to increase by two years under plans laid out by the Treasury. The Treasury consultation said the government intended to legislate to increase the normal minimum pension ...