Chugging towards ambition

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It's been around a year since pensions minister Steve Webb first touted the idea of defined ambition and around two months since the DWP published its (somewhat wavy) DB-lite and DC-plus options, but it's all gone a bit quiet since.

In last week’s work and pensions committee hearing, Webb was asked whether DA was real and if it had anything going for it. He strongly stood by it and said it was “happening now”. But is it? If...

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