Legal & General (L&G) has launched a pension tracing and consolidation business to assist consumers as some £19.4bn of retirement savings remains unclaimed.
The provider has launched a ‘no-strings' tracing service to help people track down lost or forgotten pension pots and a separate consolidation service to combine multiple pots with L&G. The tracing...
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The Department for Work and Pensions (DWP) will ban the charging of flat fees on auto-enrolment (AE) pots valued at or below £100 and launch work on how to standardise cost and charges reporting.
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