DC pensions charges report due

The Office of Fair Trading (OFT) is expected to publish its report on workplace defined contribution (DC) pensions on 19 September.

The report is expected to call for a number of revisions to workplace DC pension schemes, including a cap on scheme charges.

The publication of the report comes as the Department for Work and Pensions’ prepares to launch a consultation that proposes the introduction of a cap on auto-enrolment pension schemes.