All Costs and charges articles
-
NewsDC charges continue to fall amid push to value over cost
WTW’s latest annual DC Pensions and Savings Survey has found that the average charge has fallen from 38bps in 2017 to 28bps this year, with almost two thirds of schemes now charging less than 30bps a year.
-
NewsPensions UK challenges Reform’s local government pension scheme claims
Pensions UK has issued a robust defence of the Local Government Pension Scheme after the Reform Party attacked charges and costs across the system.
-
NewsPension funds bring in Australian ratings firm to support value for money work
SuperRatings – which assesses Australian superannuation funds – attended an industry event to help UK pension funds and regulators develop this country’s value for money regime.
-
NewsEmployers pledge to ‘prioritise value over cost’ ahead of adequacy review
More than 20 major employers have committed to prioritising pension value over cost, in a move designed to improve outcomes for millions of UK workers.
-
NewsMore cost concerns raised over LGPS asset pooling plans
One of the LGPS funds now searching for a new pool has warned of a hefty cost impact, as the government seeks to accelerate pooling over the next few months.
-
VideosLAPF Spotlight: ClearGlass Analytics’ Chris Sier on how LGPS pools have saved money
Cost transparency advocate and ClearGlass Analytics founder Chris Sier speaks to LAPF Investments editor Brian Gielty at the LGPS Pooling Symposium.
-
OpinionThe Friday Takeaway: Making waves with pooling plans
Nick Reeve looks back at the LGPS Pooling Symposium at a crucial time for local authority pension schemes and administering authorities.
-
NewsHow master trusts could save on private markets investment fees
As it prepares to deploy capital into unlisted asset classes, The People’s Pension has published a report on how to do this in a cost-effective way.
-
NewsLGPS chief urges councils to preserve pension resources
The chair of the Local Government Pension Scheme’s advisory board has urged local councils not to cut the budgets of their pension teams as officials come under pressure to cut costs.
-
NewsLGPS could decentralise cost transparency monitoring
The Scheme Advisory Board is exploring how to run the LGPS’s cost transparency system after the current supplier’s contract expires in 2026.
-
NewsPensions industry supports delay to PPF decision on 2025-26 levy
The Pension Protection Fund (PPF) has delayed the final decision on its 2025-26 industry levy until the end of January as it lobbies for the ability to reduce payments to zero.
-
NewsValue for Money plans not set in stone, say regulators
The FCA and TPR are open to changing their planned ‘red-amber-green’ model for the Value for Money framework as the consultation process continues.
-
NewsMore than half of pension savers do not understand fees
Consumers are baffled by fees, warns Boring Money’s Holly Mackay
-
OpinionSmall schemes face big decisions amid growing cost pressures
Broadstone actuarial director Andy Thomson looks at the challenges facing trustees of small defined benefit schemes amid shifting regulation and a turbulent macroeconomic environment.
-
NewsPension schemes to disclose performance under VfM rules
Pensions schemes will be required to disclose investment performance, net of all costs, as part of the new value for money framework.
-
NewsDWP to announce DC reforms amid cost of living crisis
The Department for Work and Pensions will be announcing a series of reforms to defined contribution saving, in an attempt to curtail the impact of the cost of living crisis.
-
NewsTPR: Valuing some illiquid assets may be ‘impossible’
The Pensions Regulator has warned of the challenges posed by attempting to value illiquid assets, as the government seeks to incentivise defined contribution to increase these investments.
-
NewsOECD: Countries should pursue pension reforms despite uncertainty
On the go: Policy makers should pursue pension reforms despite the current economic uncertainty, as delays would put at risk the well-being of current and future pensioners, the OECD has warned.
-
NewsClara-Pensions expects consolidator competition ‘within a year’
On the go: The commercial consolidator Clara-Pensions expects to see other offerings providing competition in the market “in a year’s time”, according to chief executive Simon True, despite the “unhelpful economic environment”.
-
NewsSmall pots problem is ‘only going to get worse’
The number of small pension pots — and the costs of administering them — will continue to increase, despite efforts from the government and industry, a Pensions and Lifetime Savings Association panel has warned.