Cost cap will 'fundamentally challenge' viability of default funds

Stephanie Baxter
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Maintaining a diversified investment approach in default solutions for small and medium enterprises (SMEs) is increasingly challenging due to cost constraints, according to research.

A study by the Defined Contribution Investment Forum (DCIF) found that implementing the 0.75% charge cap and competing with the National Employment Savings Trust were key factors. The research i...

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