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...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date