Value for money

The pensions industry must move away from a product mind set to deliver better outcomes for members according to Jonathan Watts-Lay.

Ian Pittaway looks at the challenges the industry faces in measuring value for money.

Lack of an agreed definition of value for money is posing many challenges for the industry. Kristian Brunt-Seymour looks at research by the Pensions Policy Institute which suggests a number of solutions

Failure to find an agreed definition of the ‘value for money’concept means trustees and providers are unable to provide schemes in the best interests of all members, according to the Pensions Policy Institute (PPI).

PP takes a look at the first IGC reports to see how the

PP looks at how the Just Retirement and Partnership merger could impact market competition.

Ongoing charges for some scheme members will be suspended over the next 12 months Phoenix Group has confirmed.

Aegon is reducing or simplifying charges for over 600,000 contributing members of workplace schemes, according to its independent governance committee (IGC).

Early exit charges for members wanting to access their pot at age 55 will be capped at 5% according to Standard Life.

Vanguard has expanded its common contractual fund (CCF) range with the launch of two tax transparent funds that provide low cost access to equities.