Hidden fees are the 'Loch Ness Monster of investments', says IA

James Phillips
clock • 2 min read

There is “zero evidence” to support the “hidden fees hysteria” that unknown costs are damaging pension funds, the Investment Association (IA) has argued.

Research from the industry body, published 9 August, estimates returns on equity funds are 0.71% per year above index returns. This is in comparison to an estimated -1.59% underperformance expected...

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

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Investment

The failings of current pension climate models

The failings of current pension climate models

Julius Pursaill welcomes a review of the 2021 climate change regulations

Julius Pursaill
clock 24 May 2024 • 4 min read
 Stories of the week: MNRPF hires Schroders Solutions; TPR; Bulk annuity deals

Stories of the week: MNRPF hires Schroders Solutions; TPR; Bulk annuity deals

MNRPF replaces WTW with Schroders Solutions; TPR CEO speaks at PP Live; 'Record' number of bulk annuity deals predicted

Sarka Halas
clock 24 May 2024 • 1 min read
FCA approves Legal & General's first private markets LTAF

FCA approves Legal & General's first private markets LTAF

DC-focused strategy to launch this summer

Valeria Martinez
clock 22 May 2024 • 1 min read
Trustpilot