Are DC members set to get a better deal?

But is it any wonder when charges vary so much depending on size of scheme assets, whether it is active or passive management, bundled or unbundled and how frequently investments are traded? Even The Pensions Regulator (TPR) is stumped. The watchdog’s discussion document on enabling good member outcomes in DC schemes, published a few weeks ago, threw up some interesting points, including, perhaps unsurprisingly, that greater transparency is required around DC charges. TPR executive director of DC, governance and administration June Mulroy admits that even the regulator was confused...