Pot for Life

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

Survey finds three quarters of those aged between 25 and 34 support model

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

Jeremy Hunt confirms the government will continue to explore potential pot for life model

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

Lang Cat and People’s Partnership call for introduction of long-term savings commission

Industry said government should prioritise things like dashboards and DC consolidation

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