The government's consultation on pension exit fees will not cover market value reductions (MVA) and other investment deductions that are common triggers of perceived high charges.
MVAs, sometimes called market value reductions, are an adjustment to the underlying value of a person's rights in a with-profit fund contract when that person leaves the scheme before their selected...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November