A Financial Conduct Authority (FCA) working group has recommended five institutional cost disclosure templates, although it says these should not be made mandatory.
Asset Management Exchange (AMX) has added tax transparent global equity vehicles to its range of investment funds to cut scheme costs and increase transparency across the industry.
Granting statutory protection to pre-1997 benefits in defined benefit (DB) schemes would be an unfair cost to sponsors and would force even more closures, according to this weeks' Pensions Buzz respondents.
State Street Global Advisors (SSGA) and Jupiter Asset Management have become the latest firms to sign up to the Local Government Pension Scheme's (LGPS) code of transparency.
Defined contribution (DC) schemes will face new duties to disclose investment costs and charges as the government presses ahead with a bid to build a more transparent and trustworthy pensions sector.