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

Pensions Commission – Political consensus crucial for enduring reform

Pensions Commission – Political consensus crucial for enduring reform

Commission’s interim report expected to be published in Spring 2026

Martin Richmond
clock 07 May 2026 • 2 min read
Rising Star Awards 2026: One week left to nominate!

Rising Star Awards 2026: One week left to nominate!

Recognising and celebrating the pension industry’s rising stars

Professional Pensions
clock 07 May 2026 • 2 min read
Broadstone launches service for DB schemes with legacy insured contracts

Broadstone launches service for DB schemes with legacy insured contracts

Offering will support ‘neglected’ trustees and sponsors with complex and high-cost schemes

Jonathan Stapleton
clock 07 May 2026 • 2 min read
Trustpilot