Ten schemes publicly back Cost Transparency Initiative
Ten pension schemes representing over 19 million members and more than £150bn in assets under management have written a joint public letter endorsing the Cost Transparency Initiative (CTI).
In the statement the ten schemes stated: "We believe that greater cost transparency will help everyone achieve a better income in retirement." The schemes "support the [CTI's] commitment to promote understanding,...
More on Investment
UK investors to boost ESG exposure and investments
Nearly half (48%) of UK investors expect to increase their socially responsible investments over the next three years, according to research by Charles Stanley.
Fees, costs and past performance: Questions for LF ASI Income Focus
Fund buyers and analysts have broadly backed the management team behind the reopened Income Focus vehicle formerly run by Neil Woodford, but questions remain with regard to fees, portfolio manager past performance and the cost of shedding the new-look...
Scottish Widows launches responsible investment team
Scottish Widows has created a specialist responsible investment team to monitor sustainable activity across its fund range.
Defaults lagging on demand for ESG
LCP says significant numbers of savers want to invest in responsible companies but default funds aren’t keeping up with these changing preferences. Holly Roach reports
Most employers agree schemes are not embracing ESG investment options
Just one in ten employers believe their pension offering has actively embraced ESG investment options, according to research by Howden Employee Benefits & Wellbeing.
