charge cap

Jonathan Stapleton asks if we need a more fundamental rethink on the issue of DC investment charges.

The default charge cap for defined contribution (DC) investment strategies should not be amended to make it easier to access illiquid assets, a majority of last week's 91 respondents said.

Philip Hammond's 2018 Budget speech was entirely devoid of any mention of pensions, but the documents do include some things for the industry to take note of. Professional Pensions rounds up the eight key Budget plans and shortcomings.

This week we want to know if the UK is facing a crisis in the retirement income market and whether government concern about a rushed cold calling ban is valid.

But 'clearer case' for change expected in 2020

Trust-based defined contribution (DC) schemes with between one and five members face the highest ongoing charges for investing their retirement pot, research has revealed.

Respondents believe there is a good spread of funds available under the 0.75% cap.

This week we want to know if the 0.75% charge cap makes it harder to offer a good auto-enrolment DC default fund and if asset managers need to be more innovative in the way they charge schemes.

A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.

The AE review is considering bringing transaction costs into the DC charge cap, but such a move could lead to perverse behaviour that is not in members' best interests. Stephanie Baxter explores the arguments