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Survey on Exit Charges in Defined Contribution (DC) Schemes
Survey on Exit Charges in Defined Contribution (DC) Schemes
The Pensions Regulator and OMB Research
May 2016 United Kingdom Administration
TPR has published its 2016 survey on exit charges in DC schemes, which looks at the exit charges applied to the funds of members of occupational pension schemes aged 55 and over. The survey found that only 1% of the schemes which took part applied an exit charge through the scheme's trustees or in-house administration function, while 2% reported that an exit charge was applied by the external administrator.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> May 2016 or click here (this link will not work in all circumstances). For further information about Perspective click here.

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