SCHEMES are set to receive rebates of £7.5m following a decision by CrestCo to reduce fees paid in 2006 by around 10pc.
The UK settlements house – which is used by most UK schemes and their delegates – said that the rebate would be paid in a lump sum to each client in early 2007, based on the transactional fees it p...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
