Life offices concerned at prospect of charge-capping

York, Nicola
September 2009
Money Marketing;9/3/2009, p1
The article reports on the concern shown by Standard Life Assurance Co. on the issue about the government imposing charge caps on group personal pensions (GPP) in Great Britain. John Lawson, the firm's head of pension policy affirms that consultancy firms were asking them thoroughly about the operating cost of their GPP, which put pressure to the Department of Work & Pensions (DWP) to offer low prices. It affirms that DWP is seemingly want to set the profit margin for the trusts.


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