An industry-wide approach can bring effective consolidation of multiple small pension pots and deliver greater consumer benefit than detriment, according to a new report. Pensions UK, along with six ...
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Pensions worth up to £1k could be merged automatically: New plan to deal with 13m tiny pots
Small pension pots worth £1,000 or less could be automatically moved into government-approved 'consolidator' schemes under pending new legislation. Savers are expected to be allowed to opt out if they ...
Thousands of pensions are set to be excluded from Government proposals to automatically combine millions of “small pots” under new plans by the Department for Work and Pensions (DWP). Earlier this ...
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