Royal London IGC: Charges down by £15m and transaction costs are fair value

Michael Klimes
clock • 2 min read

Royal London's independence governance committee (IGC) has reported that charges for members have fallen and considers transaction costs across its default funds are good value.

According to its second annual report on Royal London's contract-based defined contribution (DC) pension funds, the IGC said changes agreed last year saved an estimated £15m for policyholders. T...

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