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This is a joint call for evidence between the Department for Work and Pensions and the . It explores:

• how to improve transparency in reporting information about the transaction costs and charges for members of workplace pension schemes
• what costs to include
• how to capture and report costs
• whether to provide information on other factors that influence investment returns
• how Independent Governance Committees and trustees will receive costs information and whether additional disclosure requirements on other parties are necessary to enable this
• when, how, to whom and in what format to provide information

The call for evidence is primarily aimed at:

• those involved in designing and running workplace pension schemes
• pension industry professionals and advisers
• pension scheme members
• consumer groups and member representative organisations
• anyone with an interest in pensions

The Financial Conduct Authority commissioned . This report is discussed in this call for evidence.

Ways to respond

As this is a joint call for evidence, please send a copy of your responses to both of the following organisations:

Department for Work and Pensions

Email: [email protected]

Post:

Financial Conduct Authority (FCA)

Online: send them to the FCA using the

Email: [email protected]

Post: