The government must introduce legislation to force schemes to give data to the pensions dashboard if it is to succeed, an Association of British Insurers (ABI) report says.
Last month, Professional Pensions revealed the trade body was concerned the UK was "too fragmented for a 'coalition of the willing' type approach and felt a legislative or regulatory approach was necessary...
Members of the Pensions and Lifetime Savings Association (PLSA) have given a green light to changes to the trade body's constitution and articles of association.
The newly-appointed chairman of the Pensions and Lifetime Savings Association (PLSA) has pledged to "open up" the organisation in a bid to improve policy development.
The Department for Work and Pensions (DWP) has suggested its forthcoming white paper on defined benefit (DB) provision will only show the direction of travel on consolidation, rather give than a definitive answer.
A raft of consultations and draft regulations will greet the industry over the coming weeks and months, the pensions and financial inclusion minister confirms.