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Industry says magnetically attached pensions will address small pots issue

The majority (63%) of the pensions industry thinks a “magnetically attached” pension would address the issue of small pots.

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Magnetic Pensions a better solution to small pension pots

Magnetic Pensions a better solution to small pension pots
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Magnetic Pensions – a better solution to small pension pots – LCP

Magnetic Pensions – a better solution to small pension pots – LCP
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Government warned it must urgently address rise in small pots

The government should re-consider its approach to the proliferation of small pots due to the increasing numbers created every year, Lane Clark & Peacock (LCP) has said.

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