Labour pledges to cap fees on decumulation products

Michael Klimes
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A labour government would act quickly to cap charges on retirement income products according to party leader Ed Miliband.

Speaking in Redcar today, Miliband is expected to say Labour will begin an immediate consultation on a cap if elected in May. He will say: "We will act to protect savings by capping rip-off fees...

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Michael Klimes
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