High frequency trading hitting scheme member funds - Railways pension chief

clock

High frequency trading of pension fund investments is reducing the value of scheme members' pensions, the Railways Pension Trustee Company chief executive says.

Chris Hitchen, who also heads up the Railways Pension Scheme investment and administration division RPMI, said profits made from the high turnover of equities by asset managers came from the pensio...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Western Pension Solutions becomes part of Collective Pensions

Western Pension Solutions becomes part of Collective Pensions

Collective Pensions is a joint venture between Vestey Holdings and Timpson Group

Jonathan Stapleton
clock 11 September 2026 • 1 min read
Good News Corner: Icelandic edition of Rob Gardner's 'Save Your Acorns' launches

Good News Corner: Icelandic edition of Rob Gardner's 'Save Your Acorns' launches

Iceland continues to boost pensions literacy despite OECD-leading contribution rates

Jonathan Stapleton
clock 11 September 2026 • 2 min read
UK economy registers 'surprise' expansion in July

UK economy registers 'surprise' expansion in July

GDP growth swings up to 0.4% amid record heatwave and AI spend

clock 11 September 2026 • 3 min read
Trustpilot