UK - Trustees should be vigilant that they are not paying over the odds for active fund managers, a law firm warns.
Hammond Suddards Edge issued its warning after Bank of Ireland Asset Management said that too many actively-managed funds are performing too close to their relevant benchmarks.
Hammond Suddards Edge solicitor Oliver Rees said trustees should check to see such funds were not actually behaving like index trackers.
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).