Six asset managers have been praised for their "exceptional transparency" in reporting transaction costs and charges to clients including pension schemes.
A total of 10 fund managers have now been accepted by ClearGlass as taking significant steps to improve their openness. The cost analysis service, spearheaded by Dr Chris Sier, has added Adam Street...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.