Prudential's IGC: Members are getting better value for money after 'big progress' on charges

Stephanie Baxter
clock • 3 min read

Prudential's independent governance committee (IGC) has found members are getting better value for money after reducing all initial charges and has no major concerns about transaction costs.

In its second annual report on Prudential's contract-based defined contribution (DC) pensions, published today, the IGC said many members are now benefitting from lower charges as a result of actio...

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 Defined Contribution

TPR research shows 'scale is not a panacea' for good outcomes in DC

TPR research shows 'scale is not a panacea' for good outcomes in DC

Research finds no clear correlation between scheme size and performance

Jonathan Stapleton
clock 08 May 2026 • 1 min read
Partner Insight: Making private markets work for members – a guide for defined contribution trustees

Partner Insight: Making private markets work for members – a guide for defined contribution trustees

When capturing the potential that private markets could offer defined contribution schemes, trustees need to ensure they have absolute clarity on fees, fund structures and liquidity, says BlackRock’s James Rowe.

James Rowe - Managing Director, Head of UK Institutional DC
clock 07 May 2026 • 7 min read
Verity Trustees adds Sharia-compliant fixed income fund for DC members

Verity Trustees adds Sharia-compliant fixed income fund for DC members

TPT trustee board selects HSBC Global Sukuk UCITS ETF to expand self-select fund range

Jonathan Stapleton
clock 05 May 2026 • 1 min read
Trustpilot