The charge cap must exclude performance fees to allow pension funds to invest in unlisted equities, says Stephen Welton.
Collective defined contribution (CDC) savers should be allowed to access pension freedoms when the scheme is rolled out, last week's Pensions Buzz respondents said.
Jonathan Stapleton asks if we need a more fundamental rethink on the issue of DC investment charges.
The default charge cap for defined contribution (DC) investment strategies should not be amended to make it easier to access illiquid assets, a majority of last week's 91 respondents said.
Philip Hammond's 2018 Budget speech was entirely devoid of any mention of pensions, but the documents do include some things for the industry to take note of. Professional Pensions rounds up the eight key Budget plans and shortcomings.
This week we want to know if the UK is facing a crisis in the retirement income market and whether government concern about a rushed cold calling ban is valid.
But 'clearer case' for change expected in 2020
Trust-based defined contribution (DC) schemes with between one and five members face the highest ongoing charges for investing their retirement pot, research has revealed.
Respondents believe there is a good spread of funds available under the 0.75% cap.
This week we want to know if the 0.75% charge cap makes it harder to offer a good auto-enrolment DC default fund and if asset managers need to be more innovative in the way they charge schemes.
A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.
The AE review is considering bringing transaction costs into the DC charge cap, but such a move could lead to perverse behaviour that is not in members' best interests. Stephanie Baxter explores the arguments
A DCIF report raises concerns about lack of investment choice in master trusts and difficulties in distinguishing between providers. Michael Klimes explores the details
Equities and infrastructure are the top asset classes to bet on doing well next year, according to PP research.
Pension providers have made "significant progress" in reducing costs and charges following earlier recommendations by the Independent Project Board (IPB) that they do so, the regulator has found.
The coalition government's most radical pension policy was freedom and choice, according to 69% of Pensions Buzz respondents.
The 0.75% charge cap is forcing DC schemes to be creative in their investment strategy to generate adequate returns for members. One possible approach is factor-based investing, writes Michael Klimes
It is "easy" and "profitable" for the fund management industry to ignore the problem of excessive hidden charges says David Pitt-Watson.
Results due in Q4
While DB schemes have upped their allocation to illiquid assets the same can't be said for DC. However, Charlotte Moore believes this could change
When the DC charge cap was introduced last year it was meant to safeguard value for money. However, Charlotte Moore finds this isn't necessarily the case.
The 0.75% charge cap has been branded ‘nonsense' after government research found most providers could not calculate charges not covered by the limit that members were paying.
Andrew Warwick-Thompson sets out what TPR expects from DC trustees
Emma Martin highlights the top five issues for trustees of defined contribution schemes.