This week, respondents demand that the industry cuts back excessive consultants' fees, but cannot decide whether fiduciary principles should extend throughout the investment chain.
Participants were strongly in agreement that the industry is full of parasites overcharging trustees. They remained undecided on whether fiduciary duty should be extended throughout the investment chain,...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter