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Minister hints at pension fee clampdown

Minister hints at pension fee clampdown
The Pensions Minister has hit out at excessive pension fees, which he says are “tearing the heart” out of savers’ retirement funds.

Writing in today’s Daily Telegraph, Steve Webb warns that the Government is prepared to legislate to cap fees, but urged providers instead to “ask themselves if the battered reputation of their industry would not be greatly enhanced if they were to revisit these schemes and offer scheme members fairer terms”.

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Green Box: Minister hints at pension fee clampdownClick to open

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Summaries and transcripts from TV and radio

Margaret Hodge: PAC aim to look into £100m BBC IT failure

24/05/2013 on World at One, BBC Radio 4

Jim Dobbin: I will be taking Woolwich murder issue up in Parliament

24/05/2013 on Sky News

Lord Blair: Intelligence review after Woolwich must be swift

24/05/2013 on Today, BBC Radio 4

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Commons Reports

MPs pass equal marriage bill

21/05/2013

Transcript

Extracts of Nick Clegg speech on community cohesion

24/05/2013

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Press Releases

John Trickett: Cabinet Office report yet more proof that David Cameron's Government has no answers to the challenges facing this country

2 hours ago

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Lobby Briefings

No 10: PM echoes Hunt comments on Nicholson

21/05/2013

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