The Department for Work and Pensions has denied that its preferred option for consolidating small pots will increase cases of pension fraud.
The Department for Work and Pensions published proposals last month in which it opted for a system where small pots automatically transfer to new schemes when workers move jobs (PP Online 17 July). ...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.