Almost half of participants feel the drive for low charges poses no risk to competition or bar new entrants to the market.
"In the long term competitiveness will be balanced by the need of the providers to make a profit which will leave open the door for new entrants with suitable financial backing," one respondent summarised....
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.