B&CE has published a full breakdown of transaction costs for The People's Pension - revealing both the explicit and implicit costs for its default fund - and has also called for the introduction of a soft cap on such costs.
The pension provider said it based its calculations on the proposed Financial Conduct Authority (FCA) methodology and has published both the explicit as well as the implicit transaction costs for T...
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