charges

MPs are calling for the Financial Reporting Council (FRC) to pressure pension fund managers to reveal the full impact of their charges on investors.

Aegon has announced an increase in fund charges on some of the insured funds on its savings platform Aegon Retirement Choices (ARC).

This week respondents backed calls for The Pensions Regulator (TPR) to run a register of charges and for Local Government Pension Schemes (LGPS) to be merged, but said there is no role for paternalism in auto-enrolment (AE).

Almost six out of 10 contributors backed Labour's call for a public register of scheme charges, run by The Pensions Regulator (TPR).

Naomi Rainey examines the government's proposals

Naomi Rainey looks at the industry’s response to the DWP charge cap consultation

Pensions minister Steve Webb has called on the Association of British Insurers (ABI) to conduct its audit of high-charging legacy schemes "far faster".

Which? has launched a campaign for an annual management charge (AMC)cap of 0.5% for all schemes, despite claims this would outlaw the National Employment Savings Trust (NEST).

JP Morgan’s Simon Chinnery argues a charge cap will damage savers

Respondents tell us the industry will not simplify charges without being pushed by government, and that squeezing consultant fees is a "false economy".