DWP seeks greater DC consolidation with changes to bulk transfer rules

James Phillips
clock • 1 min read

The Department for Work and Pensions (DWP) has launched a consultation calling for views on changing rules on bulk defined contribution (DC) transfers without member consent.

The consultation issued on 20 December seems to encourage greater consolidation of DC funds by moving regulations away from those originally designed for defined benefit (DB) schemes. The curren...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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