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Fee cap could mean the end of stock-picking

The charge cap on UK pension schemes due to be introduced in April could spell the end for many kinds of active investing, industry experts say

Alistair Byrne
Alistair Byrne

The charge cap on UK pension schemes due to be introduced in April could spell the end for many kinds of active investing, according to industry experts speaking at the National Association of Pension Funds’ Investment Conference yesterday.

The government has introduced the charge cap at 0.75% of managed assets in the schemes, but has also said it will review the cap in 2017 with the option of reducing it to 0.5%.

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