Exit fees cap will 'provide greater confidence to savers' - Saga
Saga comments on DWP plans to cap early exit fees on occupational pensions.
Commenting on the DWP announcement that they plan to cap early exit charges for occupational pensions, Nici Audhlam-Gardiner, MD Saga Investment Services, commented: "Saga has long campaigned for fairness in financial services and strongly believes that pension freedoms should not be the green light for profit-taking by greedy pension providers. The exit fees cap is to be welcomed and will help provide greater confidence to savers."
