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.
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The UK pensions system remains relatively ungenerous and unequal compared to other countries, the Organisation for Economic Co-operation and Development (OECD) has said.
The Association of British Insurers (ABI) has said legislation will be required to ensure the pension dashboard has wide enough coverage so it can work for everyone.