A group of industry bodies wants to set up a code of conduct on pension charging to make life easier for employers ahead of auto-enrolment, but one provider warns of ‘information overload'
A group of leading pension and consumer bodies released a joint call for a code of conduct on pension charging ahead of auto-enrolment last week. The group, led by the National Association of Pension Funds (NAPF), said the current system does not provide enough transparency, leaving employers, and their corporate advisers, unsure as to what is the best scheme to set up for their workers. The code wants to ensure all defined contribution (DC) pension charges are clearly and accurately stated in writing before an employer picks a pension scheme. It is likely a company would utilise ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes