EXCLUSIVE: B&CE discloses implicit costs of default; calls for 'soft cap' on such charges

Jonathan Stapleton
clock • 3 min read

B&CE has published a full breakdown of transaction costs for The People's Pension - revealing both the explicit and implicit costs for its default fund - and has also called for the introduction of a soft cap on such costs.

The pension provider said it based its calculations on the proposed Financial Conduct Authority (FCA) methodology and has published both the explicit as well as the implicit transaction costs for T...

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

What can the UK learn from the Australian pension system?

What can the UK learn from the Australian pension system?

Gregg McClymont says attention to differences as well as similarities is important

Gregg McClymont
clock 17 December 2025 • 3 min read
SPP: Making retirement choices simpler and safer

SPP: Making retirement choices simpler and safer

Anish Rav says initiatives that help achieve a better outcome in retirement are welcome

Anish Rav
clock 17 December 2025 • 3 min read
DC schemes delivering 12% value from contributions of 8%, LCP finds

DC schemes delivering 12% value from contributions of 8%, LCP finds

Consultancy finds minimum of £15bn could be invested in private markets by 2030

Martin Richmond
clock 16 December 2025 • 2 min read
Trustpilot