“It’s right that the FCA is bringing in this cap” – Which? response to the FCA’s announcement of a cap for pension exit fees.

Alex Neill, Which? Director of Policy and Campaigns, said:
“It’s right that the FCA is bringing in this cap on pension exit fees. People shouldn’t be unfairly penalised for accessing their money. This announcement is a​ good​ first step and the regulator must now turn its attention to other charges people face when trying ​to ​mak​e​ the most of the pension freedoms.”

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