Continuing pressure to bring down charges could lead to a greater trend towards passive management, Society of Pension Consultants president Roger Mattingly says.
Mattingly (pictured) said annual management charges of 0.5% or below were becoming generally accepted as a benchmark for charges - with any costs above this threshold having to be justified. He ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
