Aegon has announced an increase in fund charges on some of the insured funds on its savings platform Aegon Retirement Choices (ARC).
Charges will increase by between 0.05% and 0.15% on 82 of its 302 insured funds, which will affect 27% of the platform's £1bn of assets. Aegon will not increase the price of any of its lifestyle funds,...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
A typical defined benefit (DB) scheme was able to meet 92.9% of its accrued pension rights as of 30 September, according to Legal & General Investment Management (LGIM).
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.