FCA

B&CE has published a full breakdown of transaction costs for The People's Pension - revealing both the explicit and implicit costs for its default fund - and has also called for the introduction of a soft cap on such costs.

Over three-quarters of investment managers are male, while over four in ten are white British, according to research by the Diversity Project.

This week's top stories included the revelation that the Communication Workers Union was planning to cut its pension provision, despite launching a ballot for industrial action against Royal Mail for similar plans.

LCP's Philip Boyle explains why he believes the CMA review will help set the investment consultancy market free.

The combination of lack of trust, poor transparency, and inadequate retirement funds will cause "civil unrest" in the next few decades, Andy Agathangelou warns.

With fiduciary mandates on the rise and managers in the spotlight after the FCA's asset management study, James Phillips explores what trustees want from them.

The Financial Conduct Authority (FCA) has confirmed the 20 members and four observer organisations of its Institutional Disclosure Working Group.

Gregg McClymont has been appointed to senior positions at the Pensions Quality Mark (PQM) and the Financial Conduct Authority's (FCA) working group on institutional transaction costs.

The Department for Work and Pensions (DWP) wants to improve the disclosure of costs and charges to defined contribution (DC) members and will consult on this in the future, policy manager David Farrar says.

Investment advisory firm Fundhouse has made a push for transparency after disclosing how well the funds it advises clients to invest in are performing compared to benchmarks.