Gov't Mulls Extending Scope Of Pension Investment Pathways
By Martin Croucher (June 14, 2022, 1:30 PM BST) -- The government said Tuesday that it is considering simplifying the options available for Britons approaching retirement, in a move that experts say would standardize regulations across the whole market.
The Department for Work and Pensions said it wanted to know if measures already in place for contract-based retirement plans were also appropriate for trust-based schemes.
Commentators in the sector said the consultation shines a light on the complicated, dual system of pension regulation in the U.K.
"Deciding how to use your workplace pension savings is one of the most important financial decisions many people will make," Guy Opperman, the pensions minister,...
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