Schemes overpay hundreds of thousands in annual admin fees

clock

Schemes could be paying hundreds of thousands of pounds more in annual administration fees than their peers, research from Kim Gubler Consulting reveals.

The [asset_library_tag 2615,second KGC Admin­istration Fee Survey], seen exclusively by PP, found total year one costs for implementation and servicing could vary by up to £400,000 for larger schem...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

Dashboard Operators Coalition launches

Dashboard Operators Coalition launches

Just Group, L&G, Moneyhub and Standard Life are initial members of the group

Jasmine Urquhart
clock 25 March 2024 • 2 min read
Admin emerging from the shadows as trustees recognise it as 'key asset'

Admin emerging from the shadows as trustees recognise it as 'key asset'

Professional trustees discuss how scheme admin is evolving to meet new challenges

Girish Menezes
clock 13 March 2024 • 3 min read
PP launches 2024 Administration Survey

PP launches 2024 Administration Survey

Survey looks to track industry attitudes to both in-house and outsourced administration

Professional Pensions
clock 12 March 2024 • 1 min read
Trustpilot