Charge-cap risks driving short-termism, Law Commission warns

clock •

The charge cap on defined contribution (DC) default funds risks incentivising short-term trading, the Law Commission has warned.

The government is set to review the cap in 2017 and the Law Commission wants this to include an assessment of the effects it has had on investment decisions. In its report, Fiduciary Duties of...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

Natasha Browne

View profile
More from Natasha Browne

Equity market turmoil a wake-up call for schemes mid-valuation

FTSE350 deficits fall 7% despite market volatility

More on Law and Regulation

Budget IHT move a 'major adverse change' to the tax treatment of UK schemes
Law and Regulation

Budget IHT move a 'major adverse change' to the tax treatment of UK schemes

Fieldfisher calls for clarification over scope of death benefits subject to new regime

Jonathan Stapleton
Jonathan Stapleton
clock 31 October 2024 • 2 min read
List: The DC and DB benefits being targeted for IHT purposes from 2027
Law and Regulation

List: The DC and DB benefits being targeted for IHT purposes from 2027

Treasury docs reveal the extent of plans to include pension death benefits in IHT regime

Professional Pensions
Professional Pensions
clock 30 October 2024 • 1 min read
PPF publishes s143 valuation assumptions consultation response
Law and Regulation

PPF publishes s143 valuation assumptions consultation response

PPF confirms ‘marginally overfunded’ schemes will be able to use discount rate for s143 valuations

Martin Richmond
Martin Richmond
clock 29 October 2024 • 2 min read
Trustpilot