M
Member
Speaking in the House of Lords on 22 January 2026
Debate
Pension Schemes BillContribution
Amendment 53 deals with the transparency of fees and transaction costs. It would require value-for-money regulations to mandate full disclosures of all layers of fees, including performance fees, administration charges and underlying investment costs. Without full transparency, it will be difficult for members, employers or regulators to assess value accurately, particularly where schemes invest through complex or pooled structures.
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