Industry concerned and mostly against DWP's pot for life proposals
The pensions industry has reacted to the government’s proposed lifetime provider model, raising concerns about the likelihood of its achievability.
Source: professionalpensions.com
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The pensions industry has reacted to the government’s proposed lifetime provider model, raising concerns about the likelihood of its achievability.
The industry has had a mixed reaction to the Department for Work and Pensions’ (DWP) statement on pensions dashboards – welcoming the increased clarity for schemes, but raising concerns over the lack of a compulsory staging timeline.
Defined contribution (DC) schemes continued their consolidation trajectory in 2022, according to the latest figures from The Pensions Regulator (TPR).