The Investment Association (IA) has revealed its proposed code to standardise cost disclosure across collective funds, segregated mandates, and institutional investors.
The new code comes just over a year after it formed its advisory board to work on the project, and aims to provide a full and better understanding of costs incurred than the ongoing charges figure (OCF)...
Last week, both the PLSA's new chairman Richard Butcher and the pensions minister Guy Opperman told the industry exactly what they wanted to hear. The hard part, as Jonathan Stapleton writes, is turning these fine words into action.
The UK's ranking has dropped to 15 in the Melbourne Mercer Global Pension Index (MMGPI) despite the country attaining a better score than last year.
Origo has appointed Aviva head of proposition Anthony Rafferty to succeed Paul Pettitt as managing director from 1 March 2018.
Baroness Ros Altmann has attacked the annuity market for failing to inform savers that better annuity rates may be available to them, calling for an investigation.