The news that the Department for Work and Pensions will not allow schemes to refund members moving jobs pension pots of £50-200 will anger many schemes.
Steve Webb’s plan to eliminate barriers to saving included his scheme to ensure that when employees move to new jobs, they do not lose track of savings they build up with old employers. He laid ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
