Saga comments on DWP plans to cap early exit charges for occupational pensions

Tuesday 15 November 2016

Commenting on the DWP announcement that they plan to cap early exit charges for occupational pensions, Nici Audhlam-Gardiner, MD Saga Investment Services, commented: "Saga has long campaigned for fairness in financial services and strongly believes that pension freedoms should not be the green light for profit-taking by greedy pension providers.  The exit fees cap is to be welcomed and will help provide greater confidence to savers."

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About Saga Investment Services

Saga Investment Services has been developed to open up the world of investing and financial planning to the UK’s over 50s in the run up to and throughout retirement, and to make the process as simple and stress-free as possible. Customers can invest from just £100, and have access to investment advice and financial planning services. Saga Investment Services champions a straight forward and transparent approach to investing, and is a proud member of the Plain English Campaign. It is a joint venture between Saga, the leading provider of services to the nation’s over 50s, and Tilney Bestinvest, the expert investment and financial planning group.

 

IMPORTANT INFORMATION

The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested.  This press release does not constitute personal advice. If you are in doubt as to the suitability of an investment please contact one of our advisers. Past performance is not a guide to future performance

 

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