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Employers have raised concerns about outcomes and administration following the 'pot for life' proposals
The lifetime provider model risks “throwing away” the gains of automatic enrolment (AE) and could put poorer savers at risk of lower outcomes, a report from the Association of British Insurers (ABI) has found.
The report, produced with WPI Economics, concluded that if plans for a ‘pot for life' went ahead, savers with smaller pots could lose out from remaining in "lower performing defaults". The model...
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