The Department for Work and Pensions (DWP) has launched an eight-week consultation after a call for evidence flagged up a multiple consolidator approach as a possible solution to the issue of deferred ...
While it used to be common to work for only one or two companies for your entire career, workers today are likely to have moved jobs several times throughout their working lives – which can have a big ...
Pension pots worth less than £1,000 will be automatically consolidated into a “high performing” pension fund under plans unveiled by the government this morning (24 April). The Pension Schemes Bill, ...
The government must act now to help savers with small pension pots get better outcomes in retirement, the National Association of Pension Funds said today (26 March). According to the NAPF hundreds of ...
The Department for Work and Pensions (DWP) has set out plans to tackle the £27 billion “lost” pension pots problem that occurs when a worker starts a job at a new company and the pension becomes ...
UK’s PensionBee, a firm focused on the consumer retirement market, has issued a statement following the release of the Department for Work and Pensions’ Small Pots Delivery Group’s report, which lays ...
On 24 April 2025, the DWP published a Report by the Small Pots Delivery Group, setting out the Group’s detailed recommendations for a system of compulsory consolidation of small defined contribution ...