Buzz: Trustees must get to grips with transition management fees

clock • 1 min read

Most Buzz respondents believe trustees and scheme managers are not doing enough to get to grips with fees they pay for transition management services.

After State Street was hit by a Financial Conduct Authority (FCA) fine for over-charging six clients more than £33m (PP Online, 3 February), 72% of contributors said schemes needed to do more. "...

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