{
  "id": 19786033,
  "title": "How a pension charge tweak could boost investment into British start-ups",
  "url": "https://urgent.news/2026/11/13/how-a-pension-charge-tweak-could-boost-investment-into-british-start",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-13T09:06:51.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/how-a-pension-charge-tweak-could-boost-investment-into-british-start-ups/"
  },
  "original_language": "en",
  "account": "The Financial Conduct Authority (FCA) has proposed changes to pension charge cap rules that could help boost investment in British start-ups and private companies, according to industry bosses. The FCA's latest consultation paper suggests excluding certain performance-linked fees from the 0.75 per cent charge cap for default funds in workplace pensions. This move aims to provide \"greater flexibility,\" allowing access to investments that can improve long-term returns. Kelly Parsons, head of DC proposition at Broadstone, believes that private market investments can offer diversification and growth opportunities for pension savers. However, the regulator has warned that the changes will not be an \"excuse to charge more,\" emphasizing the need for robust governance, transparency, and scrutiny of investment performance. The proposal also includes safeguards for transparency, fair fee allocation, and greater scrutiny of private asset valuation. The consultation comes as the government shifts focus to improving long-term retirement outcomes, underpinned by the incoming Value for Money framework, which will assess workplace schemes on net investment returns and quality of service. With the 17 Mansion House signatories allocating only 3.3 per cent of assets to UK private markets, Gareth Trainor, director of investment propositions at Royal London, believes that supporting greater investment in private markets could create more opportunities for pension savers and unlock additional investment in the UK economy.",
  "summary": "The financial watchdog’s proposals to relax pension charge cap rules could help boost investment in start-ups and private companies, bosses have said, after efforts to unleash a wave of investment from Britain’s retirement funds have stalled in recent years. The Financial Conduct Authority (FCA) yesterday floated excluding certain performance-linked fees from the charge cap for [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}