Andy Agathangelou has expressed concern the Financial Conduct Authority (FCA) could allow the Investment Association (IA) to write its own cost disclosure rules.
Transparency Task Force founding chair Agathangelou claimed the IA was "too conflicted to be responsible for the development of a costs disclosure code". He also argued the IA's code had not been subject...
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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.