Government 'must not lose sight of DC in defined ambition push'

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The government must not "lose sight" of improving defined contribution (DC) pensions as the Department for Work and Pensions (DWP) develops its defined ambition (DA) project, industry figures warn.

A consultation into three potential risk-sharing models, including flexible defined benefit (DB) and collective DC (CDC) closed yesterday, following pension minister Steve Webb's commitment to make...

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