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Bill to create pension ‘megafunds’ and tidy up ‘micro ... - MSNMany people build up several small pensions that can be hard to keep track of as they switch jobs. The Bill will bring together micro pension pots worth £1,000 or less into one pension scheme.
Currently, there are around 13 million small pension pots in the UK, each worth £1,000 or less. That number is growing by about one million a year. For savers, this means difficulty in keeping ...
Increased pension contributions could be “final nail in the coffin” for small businesses, some have argued. Chancellor Rachel ...
The new government bill will consolidate small pension pots, create larger schemes and ensure they're good value for money ...
There are millions of small pension pots littering the system. It’s an unwelcome consequence of auto-enrolment, whereby you are automatically put into a pension at work, but as we move from job to job ...
The Pension Schemes Bill, which returns to Parliament today, is poised to revolutionise retirement savings with a series of ...
Workers earning an average wage and contributing to a pension pot throughout their career could receive a financial uplift ...
There are around 13 million small pension pots built up under auto enrolment. In future these will be automatically consolidated without the member having to give permission.
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