Defined contribution charges must be "substantially reduced" and members must be made aware about 40pc of their pot is swallowed up in fees, a study says.
Research from the Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA) claims millions of pounds could be added to the value of UK pensions if charges were cut. The study ...
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
