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DWP consults on removing charge cap performance fees

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. ....

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Fears grow over member shock as DC annuity funds see one-third fall in value

Members will be “shocked” to see the value of their defined contribution (DC) retirement savings plummet due to poor performing investment strategies geared towards annuities, LCP warns. ....

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DC charge cap plans 'unlikely to be the silver bullet'

The industry has mixed views on the government’s plans to remove the cap on performance fees for defined contribution (DC) schemes. ....

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Dolly Everett's mum says kids should be forced to get a LICENCE to use social media

Kate Everett, the mother of 14-year-old cyber-bullying victim Dolly, who took her own life in 2018, told an inquiry it should consider whether young people need a licence to use social media. ....

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Savers want costs shown on pension annual statements

Savers want to know what their pension is costing them with figures presented on annual statements, cross-industry research initiative has found. ....

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