DWP confirms flat fee ban on sub-£100 pots and moots universal charging structure

DC pensions

James Phillips
clock • 3 min read
The move is designed to protect small pots
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The move is designed to protect small pots

Flat fees will be banned on pensions worth below £100 in a bid to end the erosion of small pots, the Department for Work and Pensions (DWP) has confirmed.

Following the initial consultation on the de minimis charging proposal, published in January, the government has set out a further consultation on the implementation of the policy and the Statutory...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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