Scrap flat-fee structures on low-value DC pots, industry agrees

Hope William-Smith
clock • 1 min read

Close to two-thirds of industry respondents to a Professional Pensions poll agreed they would like to see flat-fee structures on low-value defined contribution (DC) pots scrapped.

This comes five weeks after the Work and Pensions Committee sent a letter to the industry asking for "workable solutions" to manage the growing number of small pots proliferating within the industr...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Urging pension funds to act patriotically has become politically plausible

Urging pension funds to act patriotically has become politically plausible

Backstop plans to mandate private asset investment has global precedent

Gregg McClymont
clock 13 May 2025 • 5 min read
How pension providers are tackling the private markets challenge

How pension providers are tackling the private markets challenge

There is investment in a wide range of private market assets through a variety of structures

Jonathan Stapleton
clock 12 May 2025 • 17 min read
Decumulation solutions need tailored approach amid varying pensioner spending habits, report says

Decumulation solutions need tailored approach amid varying pensioner spending habits, report says

Research finds retirees who own their homes tend to ‘frontload’ their retirement spending

Martin Richmond
clock 08 May 2025 • 6 min read
Trustpilot