charge cap
We must remove barriers that prevent investing in unlisted equities
The charge cap must exclude performance fees to allow pension funds to invest in unlisted equities, says Stephen Welton.
Allow CDC savers to access pension freedoms, says industry
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.
Why calls for charge cap cuts must be resisted
Jonathan Stapleton asks if we need a more fundamental rethink on the issue of DC investment charges.
Charge cap should not be amended for illiquid assets
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.
Eight Budget announcements for the pensions industry to note
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.
Have your say: Are we facing a crisis in retirement income?
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.
Opperman confirms no changes to AE charge cap
But 'clearer case' for change expected in 2020
Small trust-based schemes face highest charges, DWP survey finds
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.
Charge cap is not impacting DC default fund quality, industry says
Respondents believe there is a good spread of funds available under the 0.75% cap.
Have your say: Does the charge cap reduce fund choice?
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 national DB scheme would be a 'recipe for chaos', industry says
A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.
Should transaction costs be brought within the DC charge cap?
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
Are master trusts too focused on keeping costs down?
A DCIF report raises concerns about lack of investment choice in master trusts and difficulties in distinguishing between providers. Michael Klimes explores the details
Readers would bet money on global equities and infrastructure in 2017
Equities and infrastructure are the top asset classes to bet on doing well next year, according to PP research.
Pension providers making 'significant progress' in reducing charges - FCA
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.
Freedom and choice most radical and 'irresponsible' coalition policy, industry says
The coalition government's most radical pension policy was freedom and choice, according to 69% of Pensions Buzz respondents.
Could factor-based investing improve value for money in DC?
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
Ignoring hidden charges is 'easy' and 'profitable'
It is "easy" and "profitable" for the fund management industry to ignore the problem of excessive hidden charges says David Pitt-Watson.
FCA backs away from fund charge cap in competition study - report
Results due in Q4
Will we see more illiquid assets in DC?
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
What impact has the charge cap had?
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.
Charge cap 'nonsense' as hidden costs hike up fees
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.
Understanding the DC regulation reforms
Andrew Warwick-Thompson sets out what TPR expects from DC trustees
The top five items for DC trustees' agendas
Emma Martin highlights the top five issues for trustees of defined contribution schemes.
