Dr Nicholas Motson, a lecturer in finance at the Cass Business School, has called for greater disclosure of fund holdings to allow researchers to calculate retail funds' 'active share'.
The idea of active share – the extent to which funds’ holdings differ from the make-up of their benchmark – has gained traction this year as investors seek to root out “closet trackers” – funds which charge...
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.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
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.