A cap on exit fees? The government must go much further

Why an upcoming consultation should look at the whole range of ‘unjustifiable costs’ heaped on savers

clock

Michael Johnson says an upcoming consultation should look at the whole range of ‘unjustifiable costs' heaped on savers

The Chancellor's recent announcement of a consultation into rip-off penalties for withdrawing pension pot money is a welcome response to a crescendo of consumer grumbles. But there is a whole gamut...

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

Government to review FAA rules following Stagecoach deal with Aberdeen

Government to review FAA rules following Stagecoach deal with Aberdeen

Minister says transaction complied with rules in a way not anticipated when they were set

Jonathan Stapleton
clock 16 June 2026 • 3 min read
SPP calls for targeted TUPE pension reforms

SPP calls for targeted TUPE pension reforms

Body sets out two areas where improvements could benefit both employers and employees

Jonathan Stapleton
clock 16 June 2026 • 1 min read
DWP issues call for evidence on alternative quality requirements for AE

DWP issues call for evidence on alternative quality requirements for AE

Move comes as part of statutory review into Pensions Act 2008 regulations

Jonathan Stapleton
clock 16 June 2026 • 1 min read
Trustpilot