Industry voices concern about concentration of power in DC market

PP survey finds 56% of respondents concur with findings of LCP report

Martin Richmond
clock • 2 min read
Industry voices concern about concentration of power in DC market

A majority of the pensions industry is concerned consolidation in the defined contribution (DC) sector could lead to a concentration of power, a Professional Pensions poll finds.

The results of last week's Pensions Buzz survey showed 56% of respondents agreed with the findings of a recent report by LCP which said the move to consolidate into DC ‘megafunds' could lead to a "...

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