Proposed remedies for the investment consultant and fiduciary management market will need a substantially clearer rulebook in order to be practical, Aon has warned.
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Any surplus generated by The Pension Superfund will be shared between members and the defined benefit (DB) consolidator's capital providers, Alan Rubenstein has said.
Gina Miller and others deserve ‘apology…public recognition and thanks’
From 3 January next year, firms looking after DC members' money will need to comply with new disclosure requirements. James Phillips reports.
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.
The Transparency Task Force (TTF) has launched an independent audit of over 50 professional bodies' codes of conduct in order to understand efforts being made to improve professional standards.
The Transparency Task Force (TTF) has launched a team to highlight what it recognises as "progressive" active managers (PAMs), who drive good practice in the industry.
Disclosure codes for costs and charges on pension funds need to show both the amount and impact of costs, due to their compounding effect.