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Government to review further changes to pension schemes charge cap

Chancellor Rishi Sunak announced in yesterday's Budget that the government will further review the pension schemes charge gap, as a way to encourage schemes to invest in high-growth UK businesses.

Government to review further changes to pension schemes charge cap
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  • Shared from City A.M.
  • October 28, 2021
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Under the plans announced yesterday, the government will consider options to amend the scope of the charge cap so that it can “better accommodate well-designed performance fees” to ensure savers can benefit from higher return investments, whilst also opening up capital for the UK’s tech innovation and the government’s “levelling up” agenda.

Read more at City A.M.

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