Major master trusts express concern over government's approach to DC consolidation

Smart Pension and SEI both raise concerns over chancellor’s plans and timelines

Jonathan Stapleton
clock • 5 min read
Smart Pension's Jamie Fiveash and SEI's David Snowdon
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Smart Pension's Jamie Fiveash and SEI's David Snowdon

Two major master trust consolidators – Smart Pension and SEI Master Trust – have expressed concern over the way the chancellor is looking to consolidate the defined contribution (DC) scheme market.

On Thursday, the government has published the interim report of its Pensions Investment Review – setting out proposals it is consulting on to "deliver scale and consolidation" of the defined contri...

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