Govt should cap DC charges at stakeholder level - WRIC

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Government should cap defined contribution scheme charges to match the existing limits on stakeholder pensions to avoid complaints about ‘mis-selling', the Workplace Retirement Income Commission says.

In its final report into the failings of the UK savings landscape - launched in February (PP Online, 1 February) - WRIC said the government must ensure good value for money by capping DC charges at...

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