Over 170 asset managers have rejected an initiative which requires better disclosure of fees UK public pension funds are charged, despite increased regulatory pressure on costs throughout the industry.
The £260bn Local Government Pension Scheme (LGPS), which manages the pensions of 5.6m former and current UK government workers, last year introduced a call for greater transparency in the reporting of...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter