Over half of asset managers may miss cost disclosure deadlines, finds LCP
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
This is despite just under three quarters (71%) being confident that, in the future, they will able to provide transaction cost data within eight weeks of each quarter end. However, asset managers felt...
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