Pensions Expert: Is consolidation only for the healthy?

by Mark Hodgson, Managing Director, UK

The Department for Work and Pensions recently published its consultation on pension consolidation, promised in its 2017 green paper.

Consolidation involves a specially created entity (of which only Clara Pensions and The Pension Superfund are openly active) absorbing the assets and liabilities of a company’s pension scheme.

They are targeting healthy pension schemes, adding their money to the pot and running them more efficiently, enjoying the benefits of greater scale […]

As published in Pensions Expert