Govt bans consultancy charging and proposes fund charge cap on AE schemes
The government has banned consultancy charging in auto-enrolment schemes and will propose a cap on default fund charges in a forthcoming consultation.
The move is part of an overhaul of pension charges to protect consumers. In the past six months, the government said it had conducted a thorough review of consultancy charges, and concluded that existing...
More on Defined Contribution
Louise Sivyer and Michelle Cracknell among the speakers at PP's DeskFlix event on the Future of DC
The latest virtual event in PP’s DeskFlix series takes place on 7 July
A climate for engagement
Newton Investment Management's Lloyd McAllister looks at how an active approach could help DC schemes to tackle climate change
Covid-19 likely to push DC schemes into master trusts
The economic uncertainty generated by Covid-19 is likely to cause a large number of defined contribution (DC) schemes to move into master trusts, according to PP readers.
Schemes on the hunt to maximise GMP conversion benefits
Red tape preventing pension schemes from managing the barriers around GMP equalisation is leading to many combining conversion with pension increase exercises (PIE), Aon says.
FCA launches workplace pensions value for money consultation
The Financial Conduct Authority (FCA) will bring forward proposals designed to promote value for money for workplace pension schemes members, a consultation paper says.
