All schemes with mixed charge structures or fees in excess of 0.75% will be included in the audit of legacy defined contribution (DC) schemes launched earlier this year.
The Independent Project Board overseeing the audit set out the scope of the exercise in an update on its progress, published today. It is gathering data on all schemes set up before April 2001, ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
