The Investment Association (IA) has revealed its proposed code to standardise cost disclosure across collective funds, segregated mandates, and institutional investors.
The new code comes just over a year after it formed its advisory board to work on the project, and aims to provide a full and better understanding of costs incurred than the ongoing charges figure (OCF)...
The Pensions Regulator (TPR) has banned two trustees after they lost over £15m of members' funds in unregulated investments.
Clarity over the controversial money purchase annual allowance is needed after it was removed from the Finance Bill, according to Pensions Buzz respondents.
Frank Field is pressing Sir Philip Green to publish undisclosed details about the settlement he reached with The Pensions Regulator (TPR) on British Home Stores (BHS) at the end of February.
The Department of Work and Pensions (DWP) will amend legislation to allow contracted-out benefits to be transferred into a scheme which has never been contracted-out.