L&G reduces legacy charges but fails to act on early exit fees

Michael Klimes
clock • 3 min read

Legal and General (L&G) has not followed its competitors to take action on early exit fees, despite agreeing to reduce legacy charges by £1m.

In its first annual report the independence governance committee (IGC) revealed it had not yet reached agreement with L&G over the cost to members of taking pensions earlier than planned. This i...

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