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Gov't Urged To Ban Cash Incentives For Pension Switching

Gunnar Larson

10 Apr 2024 10 Apr '24
5:56 p.m.

Gov't Urged To Ban Cash Incentives For Pension Switching <https://www.law360.co.uk/financial-services-uk/articles/1823247?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-04-10&read_main=1&nlsidx=0&nlaidx=4> By Joel Poultney The government should ban pension providers from offering cash incentives for savers to switch plans because the practice encourages people to ignore the "fine print" and move over to a worse option, new research by a provider of retirement savings plans suggests. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1823247?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-04-10&read_more=1&nlsidx=0&nlaidx=4> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1823247?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-04-10&read_later=1&nlsidx=0&nlaidx=4>

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