LawDeb gives a qualified welcome to the DWP’s drive to DC consolidation

“While it’s important to deal with arrangements that offer poor value to members, the twin problems of low contribution rates and the absence of any form of risk sharing are likely to have a bigger impact on outcomes for DC savers. There is a risk that focusing too much on value-for-members assessments could obscure other long-term questions associated with DC provision.”
Robert Thomas, Trustee Director at LawDeb