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PMI
20 August 2020

The PMI's response to DWP's 'Review of the Default Fund Charge Cap and Standardised Cost Disclosure'

This call for evidence explored the effectiveness of costs, charges and transparency measures in protecting pension member outcomes. The call for evidence period began on 25 June 2020 and ran until 20 August 2020.

PMI is the professional body which supports and develops those who work in the pensions industry. PMI offers a range of qualifications designed to meet the requirements of those who manage workplace pension schemes or who provide professional services to them. Our members (currently some 6,000) include pensions managers, lawyers, actuaries, consultants, administrators and others. Their experience is therefore wide-ranging and has contributed to the thinking expressed in this response. Due to the wide range of professional disciplines represented, our members represent a cross-section of the pensions industry as a whole.

PMI is focused on supporting its members to enable them to perform their jobs to the highest professional standards, and thereby benefit members of retirement benefit arrangements for which they are responsible.

 

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