Investment consultants including the 'big three' have all agreed to participate in discussions to develop a strategy to demonstrate whether they provide value for money to pension fund clients.
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.
Many smaller pension schemes are failing to demonstrate they provide good value for members, latest research by The Pensions Regulator (TPR) shows.
Stewart Bevan says there's a long way still to travel to achieve transparency, but at least we are now making genuine progress and picking up the pace
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.
NEST CIO Mark Fawcett explains how the intermediary community evaluates an investment approach
Professional Pensions is holding a complimentary breakfast briefing on assessing value for money in defined contribution (DC) schemes.
Jonathan Stapleton says we need to increase DC scheme fees if we hope to improve investment quality and the sustainability of providers.
Henry Tapper says removing NDAs between operators and fund managers is a critical step in the journey towards assessing value for money
Aegon's independence governance committee (IGC) has reported that upgrading to a new platform has reduced costs for some members and increased engagement.