Capping early exit charges will be arduous for trustees

Michael Klimes
clock • 2 min read

A consultation into capping early exit charges for occupational pensions has revealed how "torturous and more opaque" the system is compared to personal pensions.

The Department for Work and Pensions (DWP) wants to bring early exit charges in trust-based schemes into line with planned caps for personal schemes to remove any barriers to accessing the pension ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

ESG remains important consideration for DC providers in 2025

ESG remains important consideration for DC providers in 2025

EY report finds improvements in quality of ESG data but says providers still face challenges

Martin Richmond
clock 03 November 2025 • 4 min read
Raj Mody: Is the industry's approach to pensions adequacy inadequate?

Raj Mody: Is the industry's approach to pensions adequacy inadequate?

The Smart Pension Master Trust chair says we need to pay our pensions some attention all year round

Raj Mody
clock 31 October 2025 • 6 min read
BlackRock sees £60bn shift to custom solutions as schemes look to take greater control

BlackRock sees £60bn shift to custom solutions as schemes look to take greater control

Asset manager says ‘vast majority’ of shift had been around scheme sustainability objectives

Jonathan Stapleton
clock 28 October 2025 • 3 min read
Trustpilot