UK - Schemes could be paying hundreds of thousands of pounds more in annual administration fees than their peers, research from Kim Gubler Consulting reveals.
The second KGC Administration Fee Survey found total year one costs for implementation and servicing could vary by up to £400,000 ($645,000) for larger schemes, depending on their administrator. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date