Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.
After months of debate, the Pension Schemes Bill passed the final hurdle of Royal Assent on 27 April, banning member-borne commission payments and capping early exit charges at 1% for existing sche...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date