DC value consultation a ‘wake up call’ but consolidation not always easy
The Department for Work and Pensions (DWP) last week issued a consultation on a wide range of measures designed to improve administration efficiency and encourage pension scheme investment in illiquid products such as venture capital and green infrastructure.
The seven-week consultation will also look at the measurement of performance fees and how to encourage and accelerate consolidation of small DC schemes.
Alex Rush, Legal Director in our pensions team comments on this in an article for Professional Pensions.
The full article is available, here.