Ten pension schemes representing over 19 million members and more than £150bn in assets under management have written a joint public letter endorsing the Cost Transparency Initiative (CTI).
The Local Government Pension Scheme Scheme Advisory Board (SAB) has chosen technology provider Byhiras to develop a platform to ensure that asset managers comply with its cost transparency code.
Support for cost disclosure templates must be followed by help to make sense of the data, says Jonathan Stapleton.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.
The Cost Transparency Initiative (CTI) has set out plans to launch the long-awaited cost disclosure templates for pension schemes in mid-May.
Mel Duffield says cost disclosure framework is a golden opportunity to make a real difference for savers.
An industry group has been launched to implement, promote and encourage the use of five cost disclosure templates developed earlier this year.