Tom Selby: FCA right to focus on costs and charges in value-for-money push

Rules from September 2022

clock • 4 min read
"While most agree costs and charges are just part of the value-for-money equation, they remain key and one of the few elements of retirement planning savers have total control over."
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"While most agree costs and charges are just part of the value-for-money equation, they remain key and one of the few elements of retirement planning savers have total control over."

There was more than a little, ‘you don't say, Mr Holmes' about the Financial Conduct Authority's (FCA's) latest missive on delivering value-for-money in the defined contribution (DC) pensions market, writes Tom Selbey, who takes a look at the new rules for IGCs...

The regulator is keen to ensure independent governance committees (IGCs) and governance advisory arrangements (GAAs) - two of the more recent additions to financial services acronym bingo - adequately...

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