Regulatory Alerts2019-02-27
Added · Updated
PS20/2: Publishing and disclosing costs and charges to workplace pension scheme members and amendments to COBS 19.8
The Financial Conduct Authority issued Policy Statement PS20/2 to finalize rules requiring the publication and disclosure of costs and charges to workplace pension scheme members. This document implements amendments to COBS 19.8, establishing enhanced transparency standards for how providers communicate fees to scheme participants. The policy follows a consultation period that closed in May 2019 and aims to improve member understanding of the costs associated with their workplace pensions.
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