Webb challenged by MPs over action on pension charges

Webb was grilled by MPs during work and pensions questions in the wake of the Office of Fair Trading's (OFT) report into workplace schemes. He will also face questions on auto-enrolment, pensions liberation and occupational benefits from the work and pensions committee on 23 October. Conservative MP for Hereford and South Herefordshire Jesse Norman asked "what steps the government is taking on pension charges". She added: "It is extremely difficult for pensioners and indeed fund trustees to obtain accurate and timely data about transaction costs, which can have an enormous impact o...