DWP confirms ban on early exit charges and member-borne commission

James Phillips
clock • 1 min read

The Department for Work and Pensions (DWP) has confirmed it will ban early exit charges for savers eligible to access the pension freedoms.

In its response to its consultation on The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations 2017, the DWP confirmed that, from 1 October, employees who join a pension s...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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