charges

The Department for Work and Pensions' (DWP) defined contribution (DC) charge cap model could differ from the three options included in its consultation, pensions minister Steve Webb says.

JP Morgan’s Simon Chinnery says the industry must accept the price cap and design good products

An employer auto-enrolling its staff at the end of November was forced to reverse its payroll after a Scottish Widows error led to last-minute changes in its fee structure.

More than three quarters of respondents believed the FRC should wade into the charges debate and force fund managers to own up.

The majority of Buzz contributors believe an annual management charge (AMCs) is generally the most appropriate charging structure for workplace defined contribution (DC).

Shadow pensions minister Gregg McClymont has attacked the government's consultation on scheme charges as too short and "phoney".

The industry has been eagerly awaiting guidance on scheme charges but the Department of Work and Pensions' consultation has raised more questions than it has answered. Here is Towers Watson's list of what we still need to know.

Buzz respondents were split fairly evenly between two of the options proposed by the government for a cap on charges in auto-enrolment (AE) scheme, and leaving well alone.

PP research reveals most readers think consultancy charging is inappropriate in all defined contribution (DC) schemes.

Pensions minister Steve Webb's move to ban commission and active member discounts (AMDs) is a "seismic" shift for providers and will drive a completely new business model for advisers, Aviva has said.