RPMI chief executive Chris Hitchen has said implementing the recommendations from the Kay review will take another 30 years amid calls for greater scrutiny of asset managers.
Speaking at the National Association of Pension Funds (NAPF) Stewardship Conference, Hitchen said it took 30 years for financial markets to get into their current state, and will take another 30 to move...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.