ClearGlass Analytics has closed a £2.6m funding round as it delivers greater accountability to pension funds and the wider asset management market.
As the first reports under the cost transparency templates become due, Charlotte Moore looks at how schemes and their consultants can use the data
Six asset managers have been praised for their "exceptional transparency" in reporting transaction costs and charges to clients including pension schemes.
A pensions bill expected next year must include law to require schemes to collect, publish and analyse cost transparency data from their asset managers, MPs have been told.
A platform to help pension funds collect and analyse cost data, such as transaction costs, has been launched by Chris Sier, who has played an integral role in the fight for transparency.
An industry group has been launched to implement, promote and encourage the use of five cost disclosure templates developed earlier this year.
The WPC's cost and transparency inquiry reveals it is impossible to know exactly how much consumers and trustees are paying in charges. Victoria Ticha takes a closer look
A Financial Conduct Authority (FCA) working group has recommended five institutional cost disclosure templates, although it says these should not be made mandatory.
Almost all listed asset managers have now signed up to the transparency code that launched 12 months ago to help local government funds get better cost data, writes Stephanie Baxter
Trustees could benefit from a standardised template for the disclosure of investment transaction costs and charges from as early as April, Chris Sier has said.