Regulatory AlertsPS17/20: Transaction cost disclosure in workplace pensions
The Financial Conduct Authority issued Policy Statement PS17/20 to finalize rules regarding transaction cost disclosure in workplace pensions. The document mandates that providers disclose specific transaction costs to ensure transparency for scheme members and trustees. These regulatory requirements officially came into force on January 3, 2018, following a consultation period that closed in January 2017.
Open consultation: CP16/30 Read more about Open consultation: CP16/30
05/10/2016
Consultation closed
04/01/2017
Policy Statement: PS17/20
20/09/2017
Rules come into force
03/01/2018
03/01/2018
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