Disclosure of investment costs can be achieved without necessarily finding out the true value of implicit costs, Kempen Capital Management argues.
The fiduciary manager said as implicit costs, such as transaction costs, do not make up the majority of overall charges on funds, decision-making can be improved without having to work out these hidden...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.