Pensions minister Steve Webb's confirmation that plans for a defined contribution charge cap will not take effect before April 2015 have been welcomed by an industry keen to avoid rushing into badly thought out legislation.
But, if we are going to think some more about how a charge cap should be implemented, perhaps we should also ask whether it is the right solution for the right problem? As Pensions Buzz commenta...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
