Master trust plans will make fraud levy a 'tax on auto-enrolment'
The Fraud Compensation Fund (FCF) levy will unfairly hit auto-enrolment (AE) savers under government proposals, The People's Pension has warned.
The Department for Work and Pensions (DWP) has outlined plans to extend the levy to master trusts in its draft master trust authorisation and supervision regime, but the current set-up means AE savers...
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