The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC) investment in illiquid assets.
In response to the Department for Work and Pensions' (DWP) consultation ‘Incorporating performance fees within the charge cap', the PLSA said it welcomed the department's plans to make it easier fo...
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