Calls for AE default flat fee exemption to rise to £1,000

Only pots of £100 or less in the default funds of schemes used for AE are exempt

Hope William-Smith
clock • 2 min read
Calls for AE default flat fee exemption to rise to £1,000

Pension pots worth between £100 and £1,000 in the default funds of schemes used for auto-enrolment (AE) should become exempt from flat fees, according to a PP poll.

Respondents to PP's Pensions Buzz were asked last week whether pension pots of more than £100 in the default funds of schemes used for AE should also be exempt from flat fees. Over a third (38%) of...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

TPR and FCA call for ongoing industry help on VfM work

TPR and FCA call for ongoing industry help on VfM work

The regulators say there will be a continuing desire for industry feedback

Hope William-Smith
clock 27 May 2022 • 3 min read
The best of PP's news from 23-27 May 2022

Five stories you may have missed this week

New board members at The Pension Superfund and new statistics on buyouts

Hope William-Smith
clock 27 May 2022 • 1 min read
B&CE’s Patrick Heath-Lay

PP Perspectives: Ten years of The People's Pension

Master trust CEO speaks of the successes and challenges of a decade of auto-enrolment

Jonathan Stapleton
clock 27 May 2022 • 5 min read
Trustpilot