DWP sets out cost stats supporting pot follows member

clock • 1 min read

Consolidating pension pots through a pot follows member system is more cost effective for than alternative forms of accumulation, Department for Work and Pensions statistics show.

In figures published today, using a £5,000 minimum pot size, the pot follows member system was more effective than a proposed aggregator scheme or using a large existing scheme such as NEST, when n...

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