Labour is right to threaten a cap on drawdown fees

Henry Tapper says caps are unpalatable, but necessary if the industry won't sort itself out

clock

Henry Tapper says caps are unpalatable but necessary if the industry won't sort itself out

We owe it to ourselves as pension professionals to make sure we treat our customers fairly. Over the past three years we have seen moves to restore confidence in pensions: the retail distribution r...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

No u-turn on pension IHT overhaul as Finance Bill set to become law

No u-turn on pension IHT overhaul as Finance Bill set to become law

Poised to receive Royal Assent

Laura Miller
clock 18 March 2026 • 3 min read
AMNT: Treating lay trustees as amateurs is 'faulty thinking'

AMNT: Treating lay trustees as amateurs is 'faulty thinking'

Maggie Rodger says the rise of schemes without a member voice is a retrograde step

Maggie Rodger
clock 18 March 2026 • 4 min read
GAD unveils factors guidance hub for public sector scheme administrators

GAD unveils factors guidance hub for public sector scheme administrators

Hub brings factors and guidance together in a standardised and consistent way

Jonathan Stapleton
clock 16 March 2026 • 2 min read
Trustpilot