Defined contribution (DC) pension wealth in the UK has more than doubled since the start of auto-enrolment in 2012, raising concerns about lost pensions.
According to figures from the Office for National Statistics (ONS), preserved DC pension wealth - where no withdrawals or contributions are being made - rose from £139bn in the two year period between...
Jump from 554 in 2019
But steady transfer values
'This sleepy corner on the occupational pension world is ripe for a service upgrade'
Entered administration in February
Part of its Transfer Watch tracker
Averages £13,000 per person
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Average cost 0.85%, finds FundCalibre