Pension fees cap 'could be delayed'

Press Association
A2CWRN Royalty free photograph of pension business headline in UK financial times pension; retirement; old; age; pensioner; prop
A2CWRN Royalty free photograph of pension business headline in UK financial times pension; retirement; old; age; pensioner; prop

%VIRTUAL-SkimlinksPromo%The Government may delay plans for a cap on pension charges for at least a year, according to reports.

Pensions Minister Steve Webb has previously promised a "full frontal assault" on pension fees and the Government unveiled plans last year to cap the the annual charge for managing a pension pot at around 0.75% to 1%.