business
Andy Burnham’s Labour plots major pension change as £240m cost hits UK
Millions of small pension pots could be automatically consolidated under a Labour-backed reform aimed at tackling a £240m annual administration bill.
Andy Burnham's Labour Government is plotting a major change to workplace pensions as ministers attempt to tackle a £240million annual administration bill linked to millions of small pension pots.
The Department for Work and Pensions (DWP) has launche... [3060 chars]
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