UK - Isis Asset Management has called on fund managers to follow its lead and waive initial charges when schemes reinvest dividends in DC funds.
Isis decided to waive the charge to benefit clients following the integration of Friends Ivory & Sime and R&SA Investments last year.
Isis director of communications and strategy Jason Hollands said: “Fund management companies need to take a fundamental look at how investments are marketed and how investors are charged.”
The UK must do more to address its ageing demographics, says Mercer, as its global pension index shows the country static in its rankings.
Retirees could benefit from more sustainable income and higher death benefits by including guaranteed income in the asset mix of their portfolios at retirement, according to research by Milliman.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.