Investment

As concerned pension funds are flocking to 'safe' assets or buying equity protection, John Gray points out there is no such thing as a 'free lunch' in life

The Financial Conduct Authority (FCA) is to press ahead with its plan to require firms to provide suitability reports for advice against a pension transfer despite concerns over additional advice costs.

Lack of transparency means employees are in the dark over whether they are getting value for money from their pension, according to a report by the international labour union network.

The Financial Conduct Authority (FCA) has held back from making any changes to its rules on contingent charging for defined benefit (DB) transfers in its latest policy paper on the subject.

Companies should revaluate their approach to defined contribution (DC) default design as more than 80% of savers trust employers to choose the right investments, according to research by BlackRock.

The Financial Conduct Authority (FCA) must ditch the methodology used to calculate transaction costs incurred by investment of defined contribution (DC) funds as a matter of urgency, the Investment Association (IA) says.

Schroders is set to land the £109bn Scottish Widows mandate as it offers a stake in its wealth arm Cazenove Capital as part of the negotiations, according to reports.

Mercer and Morningstar have teamed up to develop a global platform for investment data, research and analytics.

UK inflation hit a six-month high of 2.7% in September, having held steady earlier this year. The rise is not good news for consumers - slowing the recovery in spending power.

An in-depth study by CEM Benchmarking shows transaction costs for large pension schemes are significant and largely depend on investment strategy. Stephanie Baxter analyses the findings