cost transparency

With fiduciary mandates on the rise and managers in the spotlight after the FCA's asset management study, James Phillips explores what trustees want from them.

The Financial Conduct Authority (FCA) has confirmed the 20 members and four observer organisations of its Institutional Disclosure Working Group.

The Department for Work and Pensions (DWP) wants to improve the disclosure of costs and charges to defined contribution (DC) members and will consult on this in the future, policy manager David Farrar says.

Royal London Asset Management (RLAM) has become the latest asset manager to sign up to the £217bn Local Government Pension Scheme's (LGPS) code of transparency.

The Financial Conduct Authority (FCA) has appointed Chris Sier to chair its working group on disclosure of costs and charges for institutional investors.

Disclosure of investment costs can be achieved without necessarily finding out the true value of implicit costs, Kempen Capital Management argues.

This week's top stories include The Pensions Ombudsman rejecting a complaint against Standard Life for refusing to provide a second transfer value quotation.

Disclosure codes for costs and charges on pension funds need to show both the amount and impact of costs, due to their compounding effect.

The transparency campaigner has welcomed the regulator's proposals for cost disclosure, refuting claims the asset management industry's code has been created without independent oversight.

This week we want to know whether you think pensions would be worse off if the government had never had a specific pensions minister.