My Lords, I have no objection to making things the same everywhere, but last time I came across this 0.75% cap I did not ask a question, so I will now. What exactly does it cover? Compared to some SIPP investor platforms and so forth, it seems rather high. Does it cover all the trading charges as well? You can get 0.15% from Vanguard, 0.25% from AJ Bell and up to 0.45% with all your trading charges covered from Hargreaves Lansdown. I could go on. If you go to some of the insurance companies —I will go on—they tend to be greedier, up to 0.3%, but that is far short of 0.75%, so what is this paying for?
Pension Schemes Bill [HL]
Proceeding contribution from
Baroness Bowles of Berkhamsted
(Liberal Democrat)
in the House of Lords on Monday, 24 February 2020.
It occurred during Debate on bills
and
Committee proceeding on Pension Schemes Bill [HL].
About this proceeding contribution
Reference
802 c49GCSession
2019-21Chamber / Committee
House of Lords Grand CommitteeSubjects
Librarians' tools
Timestamp
2024-04-26 21:12:23 +0100
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