The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
James Trask looks at the key issues highlighted in the recent FCA interim market study into asset management.
Andrew Eborn has been appointed chairman of GenLife, the pensions and savings company.
Asset managers must reveal the full cost of management to investors, as concealed costs can account for up to 85% of a fund's total transaction fees, the Pensions Institute says.
The Financial Reporting Council (FRC) has formally agreed proposals from the Investment Management Association (IMA) that will see fund managers break down profits and losses in pounds and pence figures for the first time.
The Financial Reporting Council (FRC) has formally agreed proposals from the Investment Management Association (IMA) that will see fund managers break down profits and losses in pounds and pence figures for the first time.
Mandatory saving through auto-enrolment (AE) must coincide with fairer annual management charges (AMC) for members, former chairman of the Pensions Committee Lord Turner said last week.
Respondents were split over whether investment charges should be banded in line with investment returns.
The Department for Work and Pensions' (DWP) consultation on limiting charges for schemes used for auto-enrolment (AE) was not transparent enough, according to the Pensions Policy Institute (PPI).
Naomi Rainey looks at the DWP’s latest defined contribution landscape report