From the blog: Historically, UK pensions have tended to not invest directly in exchange-traded funds. There are several reasons for this.

 

Traditionally schemes have relied on intermediaries and tended to outsource most or even all investment functions.

 

As well as this, the lingering misperception that ETFs are more expensive than competing structures may lead schemes – already under increasing cost pressures – to feel ETFs aren’t for them.

 

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