Performance fee charge cap removal a 'quick fix'

The industry weighs in as the DWP closes its consultation on better access to illiquids

Hope William-Smith
clock • 3 min read
PLSA deputy director of policy Joe Dabrowski
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PLSA deputy director of policy Joe Dabrowski

Wider issues around fund structures, complexity and lack of available funds on defined contribution (DC) platforms are at the heart of problems with illiquid investment opportunities, the industry says.

The Department for Work and Pensions closed responses to a 30 November consultation yesterday (18 January) in which it proposed to exempt any performance fees where an asset manager exceeds pre-det...

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