Changing job 'could hit pensions'

Updated
Steve Webb
Steve Webb

Workers who take their pensions with them to new employers risk losing up to a quarter of their funds under Government plans, pension funds and unions have warned.


Ministers want to make it easier for people to take their work pension with them when they change jobs. They say the "pot follows member" scheme could halve the number of dormant pension pots that would have otherwise been created by 2050.
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