Charge cap 'nonsense' as hidden costs hike up fees

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The 0.75% charge cap has been branded ‘nonsense' after government research found most providers could not calculate charges not covered by the limit that members were paying.

The research, carried out on behalf of the Department for Work and Pensions (DWP), surveyed 12 providers, including eight of the top ten by market share. It found most qualifying schemes run by ...

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