Up to 4.8 million UK scheme members invested in hedge funds pay 36 times more in fees than they would for low cost alternatives according to SCM Direct.
The investment manager estimates UK schemes invested via hedge funds paid £2.85bn in fees and charges in 2015. Lack of transparency means many members will be unaware of the true extent of their hedge...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers