Buzz: Opinion split on risk of fraud in pot-follows-member consolidation

One third of contributors believe DWP's preferred method of consolidation increases risk of fraud.

clock

Question: Do you agree with concerns raised by the PMI that the pot-follows-member method of consolidating small pots increases the risk of 'pension liberation' frauds?

Respondents to this week's Pensions Buzz survey were divided over whether the pot-follows-member method of consolidating small pots would increase the risk of pension liberation fraud. The Pensi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

IFoA urges chancellor to focus on guided retirement

IFoA urges chancellor to focus on guided retirement

Pensions board chair says frameworks need to be reviewed, suggesting a roadmap

Jasmine Urquhart
clock 11 July 2025 • 1 min read
UK GDP falls by 0.1% in May 'increasing chances' of August rate cut

UK GDP falls by 0.1% in May 'increasing chances' of August rate cut

Second monthly decline in a row, but lower than April's 0.3% decline

Sorin Dojan
clock 11 July 2025 • 3 min read
Nest returns profit of £11.9m in 2024/25

Nest returns profit of £11.9m in 2024/25

Annual report shows 9.9% five-year returns for 2045 growth phase fund

Jasmine Urquhart
clock 11 July 2025 • 2 min read
Trustpilot