Asset managers must reveal the full cost of management to investors, as concealed costs can account for up to 85% of a fund's total transaction fees, the Pensions Institute says.

Naomi Rainey examines TPR’s latest governance report

Trustees should expect greater due diligence from companies proposing defined benefit (DB) scheme changes following the IBM ruling, lawyers have warned.

The National Association of Pension Funds (NAPF) has stressed the importance of value over low cost in reforming the Local Government Pension Scheme (LGPS).

A collective investment vehicle (CIV) for London's Local Government Pension Scheme (LGPS) funds will go live in the next 12 months, according to London Council's Hugh Grover.

Local government minister Brandon Lewis has questioned whether Local Government Pension Scheme (LGPS) representatives are "telling the truth" about fund performance.

Norfolk, Suffolk and Hackney Pension Funds have appointed HSBC Securities as custodian through the National Local Government Pension Scheme (LGPS) Frameworks.

Pension industry bodies have expressed "serious concern" over the timing of the defined contribution (DC) charge cap proposed by the Department for Work and Pensions' (DWP).

Around two thirds of small schemes do not take action to prevent pension liberation fraud, according to a survey from The Pensions Regulator (TPR).

The Pensions Bill has received Royal Assent in Parliament, bringing reforms to state pension and the abolition of defined benefit (DB) contracting out closer.