Govt bans consultancy charging and proposes fund charge cap on AE schemes

Jenna Towler
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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...

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