A "pounds and pence" approach to defined contribution charging would lead to lower-paid members paying more, industry figures say.
Wealthier members with larger pension pots currently subsidise those with smaller pots but figures warn a “pounds and pence” approach – put forward by the National Association of Pension Funds last...
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
