costs and charges
FCA proposes measures to 'strengthen transparency' of costs and charges in IGCs
The Financial Conduct Authority (FCA) has launched a consultation setting out proposed rules that would require contract-based schemes to disclose costs and charges to members.
Costs and charges slashed for £25bn of DC accounts
Defined contribution (DC) savers face lower costs and charges after providers made a concerted effort to reduce these to less than 1% over the past two years.
Have your say: When will the next interest rate rise be?
This week we want to know when you think the next UK base interest rise will occur and if investment consultants should take the lead on driving up cost disclosure.
Consultants urged to take the lead in driving cost disclosure
Chris Sier has called on investment consultants to take the lead on disclosure of costs and charges as for too long asset managers have not put pension clients first.
Five stories you may have missed this week
This week's top stories were Broadstone Group's acquisition of Mitchell Consulting and 2020 Trustees, and TPR launching a probe into trustees' assessments of DC costs.