PI: Charges and regulatory reform at the heart of DC value
Natasha Browne examines the Pensions Institute’s report on member value for money
There is a lot of debate about charges and whether a cap would provide better outcomes for members, or simply erode market competition and set a benchmark that few providers would waver below.
Although the charge cap debate has been postponed for at least a year by pensions minister Steve Webb (PP Online, 17 January), discussions will still centre on how to get the balance right on costs...
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