MPs launch probe into pensions cost and transparency
The Work and Pensions Committee (WPC) has launched an inquiry to ask whether the pensions industry provides "sufficient transparency" of charges, strategy and performance to savers.
Launched today (3 August), the select committee, chaired by Frank Field, is seeking evidence on whether savers get value for money, understand what they are being charged and why, and understand the impact...
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While the Pension Schemes Bill is continuing its route through the parliamentary process, there are still some loose ends to tie up - including section 107. Here, Richard Butcher, looks at what the implications of that clause could mean for DB schemes....
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