The founding chair of industry pressure group Transparency Task Force and governor of the Pensions Policy Institute, Andy Agathangelou, has written to Investment Association's chief executive Chris Cummings, demanding the trade body apologise for controversial comments made in a 2016 press release regarding hidden fees.
Cummings said in a Radio 4 documentary yesterday (25 January) the comments in the press release describing 'hidden' fund fees, such as those related to transaction costs and research, as the "Loch Ness...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.