The take up of the Cost Transparency Initiative (CTI) framework by pension schemes has increased by nearly 25% since May 2020, with the Pensions and Lifetime Savings Association (PLSA) lauding its “tangible benefits” for schemes.
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 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 Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Financial Conduct Authority (FCA) must ditch the methodology used to calculate transaction costs incurred by investment of defined contribution (DC) funds as a matter of urgency, the Investment Association (IA) says.
The number of firms facing shareholder rebellions increased by a quarter in the 2018 AGM season, data from the Investment Association's (IA) public register reveals.