Regulator does not want to 'incentivise short-termism'
Government and regulatory focus on costs and charges will shift to defined benefit (DB) schemes over the coming years, PTL has predicted.
Chair of FCA cost disclosure working group
From 3 January next year, firms looking after DC members' money will need to comply with new disclosure requirements. James Phillips reports.
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.
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.
Royal London Asset Management (RLAM) has become the latest asset manager to sign up to the £217bn Local Government Pension Scheme's (LGPS) code of transparency.
The Financial Conduct Authority (FCA) has appointed Chris Sier to chair its working group on disclosure of costs and charges for institutional investors.
This week's top stories include The Pensions Ombudsman rejecting a complaint against Standard Life for refusing to provide a second transfer value quotation.
Disclosure codes for costs and charges on pension funds need to show both the amount and impact of costs, due to their compounding effect.
Shadow pensions minister Alex Cunningham says the FCA's final report on the asset management market is a turning point and urges the government to take action
This week we want to know whether member-nominated trustees should be paid in addition to being reimbursed for travel and other expenses.
The West Midlands Pension Fund is well on the way to full transparency, and has already used it to challenge managers on fees and exit high cost funds, CIO Jason Fletcher tells Stephanie Baxter.
Stephanie Baxter says the launch of a transparency code shows the balance of power is finally starting to move in the direction of investors.
As a transparency code is launched for the Local Government Pension Scheme, Stephanie Baxter looks at how it could set a gold standard across the industry.
This week's top stories include reports that a deal for the British Steel Pension Scheme could be very near, while recent falls in life expectancy may not be a blip.
A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.
Work and pensions minister Damian Green has confirmed the government will consult on hidden costs and charges later this year.
The Financial Conduct Authority (FCA) has been urged to consider a broader section of pension costs than simply transaction costs.
Pensions minister Richard Harrington has said the government will work with the Financial Conduct Authority (FCA) to improve transparency of pension costs.
As the FCA closes its consultation on improving transparency of costs and charges in pension schemes, James Phillips asks the industry whether the watchdog has the right solution.
The Transparency Taskforce (TTF) has called on the Work and Pensions Committee (WPC) to establish an inquiry into costs and charges for savers.
Jonathan Lipkin says the Investment Association is getting closer to delivering a complete framework for disclosing costs.