Consultation on better workplace pensions
Close date: 14 November 2014
The Department for Work and Pensions consults on draft Occupational Pension Scheme (Charges and Governance) Regulations 2015, aimed at improving the governance of occupational pension schemes and transparency of scheme costs and charges to protect people from pension schemes with high charges and resultant poor returns. Proposals include action to improve disclosure of charging information, a cap on pension scheme charges, banning consultancy charges and a requirement for the trustees and independent governance committees to report on costs.
Consultation document: Better workplace pensions: putting savers' interests first
Consultation outcome: Government response to the consultation on Better workplace pensions: Putting savers' interests first