There is “zero evidence” to support the “hidden fees hysteria” that unknown costs are damaging pension funds, the Investment Association (IA) has argued.
A transparency code for asset managers will soon be introduced in the Local Government Pension Scheme (LGPS) to improve and standardise the reporting of investment costs.
Andy Agathangelou has left the Friends of Auto Enrolment (FAE) two and half years after founding the association for the Chartered Institute of Payroll Professionals (CIPP).
The Transparency Task Force (TTF) has appointed Robin Powell to campaign for transparency on costs and charges from asset managers.
The chair of the Investment Association's (IA) advisory board into cost transparency has hit back at criticism over the decision to keep its discussions confidential.
The Transparency Task Force (TTF) faces internal rifts after founding chair Andy Agathangelou joined the Investment Association's (IA) independent advisory board on cost transparency.
An eleven-strong industry group has been formed to help develop a fiduciary management performance standard.
The Transparency Task Force (TTF) has accused the financial services industry of "obfuscation, denial and even lying" over costs and charges incurred by pension schemes.
With trustee boards required to manage costs effectively, should they consider removing fund managers who don't provide data on transaction charges? James Phillips reports.
John Gray asks why UK pension schemes do not have access to important information on charges.