The WPC's cost and transparency inquiry reveals it is impossible to know exactly how much consumers and trustees are paying in charges. Victoria Ticha takes a closer look
As parliament resumed last week, first up on the Work and Pension Select Committee's (WPC) agenda was its inquiry into pension costs and transparency - which is focussing on whether the pensions industry...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.