The purpose of transparency and independent governance

L&G’s Adrian Boulding explains the direction of travel for DC standards

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We are in the middle of a market review of workplace pensions by the Office of Fair Trading (OFT). It has already publicly noted that the way different providers currently present their charges may mean that they are not easily comparable.

That makes life tough for employers, because it's the employer that chooses the pension provider that the employees have to use. All three components of the employees' retirement savings - employer...

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