Pensions minister Steve Webb has hinted at the potential development of a national transfer system to help consolidate small pension pots.
Speaking at the Personal Finance Society conference, Webb said the government will consult on several ways to help people moving jobs consolidate their savings. "I will be consulting later this year...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.
The Defined Contribution Investment Forum (DCIF) has reappointed Vivek Roy as chairman for 2019 following a vote at its annual general meeting last November.