JLT suspends consultancy charging as DWP probe divides industry

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JLT Employee Benefits (JLTEB) has suspended consultancy charging on corporate schemes until the Department for Work and Pensions completes its investigation of the practice.

Last year the DWP began investigating consultancy charging, in which the cost of advising employers and workers is deducted from members' pots. It is considering banning or restricting the practice...

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