Webb demands evidence from ABI on consultancy charge value

Speaking at the Trades Union Congress trustee conference this morning, the pensions minister said: "One of our worries is that people are loading consultancy charges onto schemes and in auto-enrolment it is not the scheme member who chooses; it is the employer. "So you get enrolled into a scheme, you didn't choose it, and then charges are taken out for consultancy or advice, and the question is: have you benefited from it? "I have written this week to the ABI asking them for evidence that consultancy charges levied are good value for money for members, not for employers. We have the p...