Commenting on today’s Financial Conduct Authority report into the asset management market, UNISON general secretary Dave Prentis said: “UNISON has played a crucial part in exposing the issue of cost transparency in pension funds. This report has significance for a huge number of workers.
“For too long, customers have struggled to understand the real cost behind pension funds and only a clear and simplified market will help them make better choices.
“UNISON is calling on the FCA to ensure that unions are involved so transparency remains at the heart of the industry.”
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