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Could a "pot for life" solve the issue of small pensions?

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Manage episode 379693573 series 2558907
Content provided by Damian Fantato. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Damian Fantato or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Earlier this year the Department for Work and Pensions said it will work to encourage consolidation to solve the problem of small pension pots. But pensions minister Laura Trott said the longer-term solution to this issue would be to move to an Australian-style "pot for life" system.

Amy Austin, news editor at FTAdviser speaks to Tom Selby, head of retirement policy at AJ Bell and Kate Smith, head of pensions at Aegon, about the small pots issue, what government could do to resolve it and whether a "pot for life" is a workable option.

The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

373 episodes

Artwork
iconShare
 
Manage episode 379693573 series 2558907
Content provided by Damian Fantato. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Damian Fantato or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Earlier this year the Department for Work and Pensions said it will work to encourage consolidation to solve the problem of small pension pots. But pensions minister Laura Trott said the longer-term solution to this issue would be to move to an Australian-style "pot for life" system.

Amy Austin, news editor at FTAdviser speaks to Tom Selby, head of retirement policy at AJ Bell and Kate Smith, head of pensions at Aegon, about the small pots issue, what government could do to resolve it and whether a "pot for life" is a workable option.

The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

373 episodes

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