DWP sets de-minimis for flat-fee AE charges and launches work to standardise cost reporting
The Department for Work and Pensions (DWP) will ban the charging of flat fees on AE auto-enrolment (AE) pots below £100 and launch work on how to standardise cost and charges reporting.
The government's response to its review of the default fund charge cap and standardised cost disclosure, published today, said that pensions pots that are worth £100 or less, and are saved through AE,...
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FRC issues £65k penalty and 'severe reprimand' against Richard Jones over GPG/Coats advice
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Trustees face court over prohibited employer loans
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FCA proposes Pension Wise nudge for DC savers
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Chair's statements do not entirely work, admits DWP; Mandatory fines may be relaxed
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'We can be a green finance powerhouse': MPs urge Treasury to beef up climate plans
A Treasury Select Committee report on net-zero transitions and the future of green finance has called on the government to consider climate labelling for financial products and ramp up efforts to tackle greenwashing.
