DWP consults on removing charge cap performance fees

DC schemes could exclude them from the cap if it’s in the members’ best interests

clock • 3 min read
Attribution 3.0 Unported (CC BY 3.0)
Image:

Attribution 3.0 Unported (CC BY 3.0)

The Department for Work and Pensions (DWP) has issued a consultation on removing performance-based fees from the defined contribution (DC) charge cap to drive investment in illiquid assets.

The Broadening the Investment Opportunities of DC Pension Schemes consultation comes weeks after the chancellor's Mini Budget, which set out the government's intentions to take these fees out of th...

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

More on Defined Contribution

The risks of private markets for DC should not be underestimated

The risks of private markets for DC should not be underestimated

Richard Evans says the UK and Australian public views investment risk differently

Richard Evans
clock 07 February 2025 • 5 min read
CDC could play important role in tackling pensions adequacy issue, experts say

CDC could play important role in tackling pensions adequacy issue, experts say

Hymans Robertson finds positive feedback among employers about possible move to CDC

Martin Richmond
clock 31 January 2025 • 3 min read
DWA unveils master trust performance comparisons

DWA unveils master trust performance comparisons

Pete Osthwaite asks just how much master trust value is added because of high equity allocations?

Pete Osthwaite
clock 30 January 2025 • 3 min read
Trustpilot