Government warned it must 'urgently' address rise in small pots

Consultancy says government’s plans to tackle small pots are ‘complex’ and ‘expensive’

Martin Richmond
clock • 3 min read
Government warned it must 'urgently' address rise in small pots

The government should re-consider its approach to the proliferation of small pots due to the increasing numbers created every year, Lane Clark & Peacock (LCP) has said.

In a new report published today (19 April), the consultancy said while the introduction of auto-enrolment (AE) in 2012 has brought more than ten million savers into workplace pension savings, it ha...

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