Labour MP Rachel Reeves has demanded Prime Minister David Cameron "clarify" the government's position on a charge cap for defined contribution (DC) schemes.
The shadow work and pensions secretary (pictured) wrote to the coalition leader following pension minister Steve Webb's announcement that there will be no cap until after April 2015. In her letter to Number 10, obtained by IFAonline's sister title Professional Pensions, Reeves pressed Cameron to commit to introducing cap on pension fees and charges before the 2015 general election. She called reports of conflict between HM Treasury and the Department for Work and Pensions (DWP) over the issue "extremely unsettling". Reeves said: "Savers expect government to put their interests firs...
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