Lack of standardisation across pension illustration tools has resulted in a huge variation between likely values of retirement pots, according to research by Altus Consulting.

Merseyside Pension Fund has reduced its foreign exchange (FX) costs by up to 50% after using independent reference rates to identify hidden fees.

Insurers do not deserve the bashing they get over high fees as many already provide good value for money in contract-based schemes, according to independent trustees.

The Trades Union Congress (TUC) has warned that savers will be ripped off in ways that are "perfectly legal" when they can access their defined contribution (DC) pension pots from this April.

Schemes should insert a clause in manager searches to prevent them from imposing non-disclosure agreements (NDAs), according to an expert on asset management fees.

The Pensions Regulator (TPR) has urged defined benefit (DB) trustees to ensure an expected surge in transfers does not jeopardise scheme funding levels.

PP looks at the latest proposals to actually tell schemes what they pay asset managers

F&C Investments has appointed a council of six experts on responsible investment (RI), ethics and sustainability to advise the firm on these issues.

Pensions minister Steve Webb has urged the next government to introduce joint ministers across pensions, the ageing society and the Treasury to break down silos between the departments.

The Investment Association has set out plans for asset managers to disclose portfolio turnover rates to investors and give them an idea of how this compares to other funds.