Asset managers must reveal the full cost of management to investors, as concealed costs can account for up to 85% of a fund's total transaction fees, the Pensions Institute says.
A report from the Cass Business School department said hidden charges can materially impact investor's returns, particularly when assets are actively managed. Proposals from the Investment Management...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point