DWP denies pot-follows-member will boost fraud

clock

The Department for Work and Pensions has denied that its preferred option for consolidating small pots will increase cases of pension fraud.

The Department for Work and Pensions published proposals last month in which it opted for a system where small pots automatically transfer to new schemes when workers move jobs (PP Online 17 July)....

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 Admin / Technology

'Significant disconnect' in how schemes oversee admin

'Significant disconnect' in how schemes oversee admin

LawDeb says 38% of schemes are planning admin review or replacement while others ‘remain stagnant’

Holly Roach
clock 04 June 2026 • 2 min read
The emergence of Pensions as a Service (PaaS)

The emergence of Pensions as a Service (PaaS)

Chris Williams asks why firms are rethinking owning their pensions infrastructure

Chris Williams
clock 04 June 2026 • 4 min read
Pensions administration undergoing 'profound shift' in value

Pensions administration undergoing 'profound shift' in value

PwC paper says administration has shifted to a ‘strategic asset’ of increased importance

Martin Richmond
clock 29 May 2026 • 3 min read
Trustpilot