Fee transparency

Funds in LGPS Central will be given additional assistance to assist collection and analysis of investment costs after the pool partnered with KAS Bank.

Six asset managers have been praised for their "exceptional transparency" in reporting transaction costs and charges to clients including pension schemes.

Support for cost disclosure templates must be followed by help to make sense of the data, says Jonathan Stapleton.

This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.

The Cost Transparency Initiative (CTI) has set out plans to launch the long-awaited cost disclosure templates for pension schemes in mid-May.

This week's top stories included an accountant admitting fraud and making employer-related investments in the latest criminal prosecution pursued by The Pensions Regulator.

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.

The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).

The Financial Conduct Authority (FCA) must ditch the methodology used to calculate transaction costs incurred by investment of defined contribution (DC) funds as a matter of urgency, the Investment Association (IA) says.