John Simmonds explains why cost transparency must be backed up by quality benchmarking
Over a third of investment costs faced by pension savers come from transactions, according to the latest annual research from Caceis.
The £30bn Brunel Pension Partnership has hired CACEIS to provide cost transparency and benchmarking services across the partnership.
Funds in LGPS Central will be given additional assistance to assist collection and analysis of investment costs after the pool partnered with KAS Bank.
Six asset managers have been praised for their "exceptional transparency" in reporting transaction costs and charges to clients including pension schemes.
KAS Bank has launched an end-to-end cost transparency solution for defined contribution (DC) schemes to assist in the delivery of chair's statements.
Support for cost disclosure templates must be followed by help to make sense of the data, says Jonathan Stapleton.
This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.
KAS Bank has built on its cost transparency dashboard to offer UK defined contribution (DC) scheme trustees the option to benchmark costs relative to other pension funds.
The government's auto-enrolment provider NEST has teamed up with KAS Bank to offer a cost transparency service for its range of target date and specialist funds, to launch in Q2 2019.
The Cost Transparency Initiative (CTI) has set out plans to launch the long-awaited cost disclosure templates for pension schemes in mid-May.
This week's top stories included an accountant admitting fraud and making employer-related investments in the latest criminal prosecution pursued by The Pensions Regulator.
The transaction cost disclosure regulations have been in place for a year. Jon Parker says while there has been progress in obtaining data, there is a still a long way to go.
A pensions bill expected next year must include law to require schemes to collect, publish and analyse cost transparency data from their asset managers, MPs have been told.
Just under three quarters of defined contribution (DC) members are interested in seeing how their pension scheme's performance compares to others in the market, according to AllianceBernstein.
Mel Duffield says cost disclosure framework is a golden opportunity to make a real difference for savers.
A platform to help pension funds collect and analyse cost data, such as transaction costs, has been launched by Chris Sier, who has played an integral role in the fight for transparency.
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Financial Conduct Authority (FCA) must ditch the methodology used to calculate transaction costs incurred by investment of defined contribution (DC) funds as a matter of urgency, the Investment Association (IA) says.
Asset managers' failure to provide clear transaction costs incurred in pension funds leaves savers "deeply depressed", Frank Field says.
The majority of Pensions Buzz respondents said directors who avoid obligations should be penalised.
The £43bn Border to Coast Pensions Partnership has become the third local government pool to sign up to the cost transparency code.
The Work and Pensions Committee (WPC) has launched an inquiry to ask whether the pensions industry provides "sufficient transparency" of charges, strategy and performance to savers.
Pension scheme investment decision-makers are most worried about a lack of cost efficiencies and transparency in the asset management industry, according to latest research.