The transaction cost disclosure regulations have been in place for a year. Jon Parker says while there has been progress in obtaining data, there is a still a long way to go.
The Work and Pensions Committee (WPC) has launched an inquiry to ask whether the pensions industry provides "sufficient transparency" of charges, strategy and performance to savers.
A Financial Conduct Authority (FCA) working group has recommended five institutional cost disclosure templates, although it says these should not be made mandatory.