There are also plans for extending a new form of collective defined contribution pension which is likely to have longer investment time horizons, making private asset investments more likely.
“There have also been consultations on plans to solve the issues with multiple small deferred pension pots and to open up a wider range of ‘at retirement’ choices to members of trust-based schemes,” Cameron added.
“While there’s no pensions bill to take these forward, we believe they remain government priorities and await clarity on next steps.
“We encourage the government to prioritise those initiatives with the greatest potential to boost retirement outcomes of individual members.”
sonia.rach@ft.com
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