Just over half of Buzz respondents want the government to cap charges in workplace schemes, another measure the OFT shied away from in its report. More than two out of five contributors rejected the suggestion.
"A cap would avoid the worst abuses and providers that cannot operate within a cap should be encouraged to exit the market," said one supporter of the idea. Another contributor added: "A maximum...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
