Trustees struggle to assess asset managers and investment consultants, according a Financial Conduct Authority (FCA) review that also identified conflicts of interest and a lack of competition in the markets.
Retirees will have little comeback if they receive poor guidance outside of the Treasury's Pension wise service, lawyers have warned.
Independent Governance Committees (IGCs) will have only limited powers to improve value for money in contract-based schemes due to legal constraints, it has been warned.
The Financial Reporting Council (FRC) has formally agreed proposals from the Investment Management Association (IMA) that will see fund managers break down profits and losses in pounds and pence figures for the first time.
Managing liabilities and reducing risk are among the more pressing issues facing defined benefit pension schemes. Jack Jones looks at steps employers can take to tackle these.
Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority (FCA).
PSAG says anyone who receives an unexpected call about their pension should hang up