Statement seasons could alienate savers

20th century policy could lead to massive demands on pension providers, says Phil Brown

clock • 4 min read

When pensions and financial inclusion minister Guy Opperman appeared before a key parliamentary committee on Wednesday (July 14) he publicly reaffirmed his ambition to introduce a pensions statement season.

Although his comments to the Work and Pensions Committee (WPC) will not come as a surprise to many within the industry, the minister's choice of words imply that a decision has been taken, if only ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

Trafalgar House launches retirement budget modeller

Trafalgar House launches retirement budget modeller

Launched in response to updated PLSA RLS to help savers understand true cost of retirement

Holly Roach
clock 25 June 2025 • 1 min read
Festina Finance enters UK pensions admin market

Festina Finance enters UK pensions admin market

Festina Life and Pension Platform will provide scheme admin for DB, DC and CDC clients

Martin Richmond
clock 23 June 2025 • 2 min read
LCP completes connection to pensions dashboards ecosystem

LCP completes connection to pensions dashboards ecosystem

Firm partnered with Lumera and the Pension Fusion platform

Holly Roach
clock 20 June 2025 • 1 min read
Trustpilot