Lifetime Provider model

Paper raises questions about impact on engagement, member value and competition

Pension provider set to launch new DC proposition in H2 as it releases findings

Report says pot for life would leave those with smaller pots in ‘lower performing defaults’

Industry hopes PfL is ‘quietly dropped’ while DC rules welcomed if outcomes prioritised

David Lane says long-term benefits outweigh short-term implementation challenges

Most keen to see existing dashboard and AE initiatives ‘bed in’ before considering brand new model

Cushon’s Steve Watson delves into the government’s call for evidence

Group says proposals will reduce employer engagement and risk poorer outcomes

Women and older members more likely to want their employer to choose their workplace pension

Response to DWP consultation highlights concerns about lower quality and payroll complexity