The UK has ranked sixth out of 15 countries compared for the transparency of their pension scheme disclosures.
Administration should be focused on what the member would ideally want, thereby delivering a better services, says John Simmonds.
John Simmonds explains why cost transparency must be backed up by quality benchmarking
An in-depth study by CEM Benchmarking shows transaction costs for large pension schemes are significant and largely depend on investment strategy. Stephanie Baxter analyses the findings
Complex scheme structures do not cause higher administration costs, research from CEM Benchmarking shows.
UK pension schemes must break with the "Easyjet" model of administration if they want to deliver world class service levels to members, a consultant says.