IGC

The independent governance committee (IGC) for Prudential has improved value for money for members by simplifying charging structures and starting to shut expensive funds, according to its third report.

In this week's Pensions Buzz, we want to know if The Pensions Regulator (TPR) is taking the right approach by naming and shaming schemes which breach their auto-enrolment (AE) duties.

An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings

Schroders has become the first asset manager to sign up to Clear Funds, a transaction cost assessment service launched by PTL in January 2018.

Defined contribution (DC) savers face lower costs and charges after providers made a concerted effort to reduce these to less than 1% over the past two years.

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

The Law Commission has called on the government to clarify investment rules which can make it hard for schemes to make socially responsible investments.

The industry welcomes the regulator taking a tough line over refusals to comply with its investigations.

Royal London's independence governance committee (IGC) has reported that charges for members have fallen and considers transaction costs across its default funds are good value.

Aegon's independence governance committee (IGC) has reported that upgrading to a new platform has reduced costs for some members and increased engagement.