The fifth annual Kim Gubler Administration Fee Survey finds smaller schemes are paying many times more per member for their admin than their larger counterparts. Helen Morrissey looks at the data to find out why.
The survey looked at the highest, lowest and average unit cost per member (UCM) across all scheme sizes and found that the highest cost 200 member schemes could be paying almost six times as much as the...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
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Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.