costs and charges

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.

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.

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.

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.

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.