A proposed change to the Pensions Schemes Bill may lead to a future cap on charges in drawdown funds.
The proposed clause published today states that the Secretary of State "may make regulations imposing a cap on the charges that may be imposed on members of flexi-access drawdown funds." The Bil...
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