cost transparency

Regulator does not want to 'incentivise short-termism'

Government and regulatory focus on costs and charges will shift to defined benefit (DB) schemes over the coming years, PTL has predicted.

Jonathan Stapleton says we need to increase DC scheme fees if we hope to improve investment quality and the sustainability of providers.

Henry Tapper says removing NDAs between operators and fund managers is a critical step in the journey towards assessing value for money

Chair of FCA cost disclosure working group

The FCA has taken a further step towards DC cost disclosure but, as Jonathan Stapleton says, such transparency will have its own hidden costs.

From 3 January next year, firms looking after DC members' money will need to comply with new disclosure requirements. James Phillips reports.

B&CE has published a full breakdown of transaction costs for The People's Pension - revealing both the explicit and implicit costs for its default fund - and has also called for the introduction of a soft cap on such costs.

Darren Philp explains why The People's Pension has published a full breakdown of transaction costs and is backing the introduction of a 'comply or explain' soft cap for such charges on DC funds.

The combination of lack of trust, poor transparency, and inadequate retirement funds will cause "civil unrest" in the next few decades, Andy Agathangelou warns.