Royal London's independence governance committee (IGC) has reported that charges for members have fallen and considers transaction costs across its default funds are good value.
According to its second annual report on Royal London's contract-based defined contribution (DC) pension funds, the IGC said changes agreed last year saved an estimated £15m for policyholders. These...
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Baillie Gifford and Montanaro are the first asset managers to sign up to a new transparency code to help the Local Government Pension Scheme (LGPS) get a better handle on investment costs.
Lloyds Bank has launched a joint legal bid with its pension trustees and unions to equalise guaranteed minimum pensions (GMPs) in a move which could cost the industry £20bn.
A quarter of retirees do not believe they have a large enough nest egg to fund their retirement, research has revealed.