Benefits of fixing small pots problem not yet clear enough

Industry experts warn that the pros and cons of combining pots are not fully established

Hope William-Smith
clock • 3 min read
Some small pots have less than £100.
Image:

Some small pots have less than £100.

The ultimate outcome for savers who merge their small defined contribution (DC) pension pots – whether positive or negative – has yet to be established fully, industry experts have warned.

Speaking yesterday (14 October) at the Pensions and Lifetime Savings Association's (PLSA) annual conference, Which? senior economist and Small Pots Co-ordination Group (SPCG) member Stephen McDonald warned...

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