Britain's ministry for work and pensions said in a statement
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Britain said on Monday it will launch a public consultation on new rules requiring private pensions schemes to give better value for money to savers.
"The value for money framework will improve transparency, comparability, and competition between defined contribution pension schemes and help deliver the best possible value and long-term outcomes for pension savers," Britain's ministry for work and pensions said in a statement. (Reporting by Huw Jones, Editing by Louise Heavens)
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