FCA proposes complete transparency for asset managers on pension scheme transaction costs

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FCA proposes complete transparency for asset managers on pension scheme transaction costs

The Financial Conduct Authority (FCA) has proposed the introduction of a duty on asset managers to disclose aggregate transaction costs to pension schemes that invest in their funds.

In a new set of rules aimed at standardising the disclosure of transaction costs incurred by pension investments, the FCA also suggested asset managers should provide a breakdown of transaction costs on...

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