NAPF Conference 2011: Move to create 'pounds and pence' fee disclosure rules

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Pension funds are developing a code of conduct around charging transparency which will see customers told "in pounds and pence" how much of their savings are lost in management charges.

The National Association of Pension Funds said it would convene a summit in an effort to develop an industry code of practice on the transparency of fees and charges. The summit will include con...

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