All Costs and charges articles – Page 19
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FeaturesPearson moves away from hedge funds into DGFs
The pension plan of publishing giant Pearson Group has scrapped its hedge fund exposure and invested in diversified growth funds, in a bid to control investment risk and costs as the scheme nears self-sufficiency.
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OpinionAdmin transitions: Avoid the sting in the tail
Changing pension administrator is usually a long time in the making. How long the process takes can vary widely, but it will always be measured in months.
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OpinionActive management fees – how low can they go?
Mercer’s Brian Henderson looks at active management fees, and how they are determined.
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News
First asset managers commit to LGPS transparency code
The Local Government Pension Scheme advisory board has launched its code of transparency to improve cost disclosure, amid early indications that asset managers will sign up.
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News
IA consults on cost disclosure code amid data overload concerns
The Investment Association is calling for views on a proposed industry code on disclosure of charges and transaction costs, as some have stressed the importance of making such data easy to interpret.
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News
CDC could refocus industry on purposeful finance
Refocusing the industry on the purpose of finance could deliver huge benefits to UK pensions, a new academic paper has suggested, as calls were lodged for the resurrection of collective defined contribution.
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OpinionWhat effect will a cap on exit fees have on freedom and choice?
Spence & Partners’ Hugh Nolan takes a critical look at the 1 per cent early exit fee cap coming into force at the end of this month.
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News
Savers prepared to look past charges for returns
Good returns are the primary concern for pension scheme members when assessing value for money, according to research conducted by 11 independent governance committees, with charges sitting outside the top 10 of saver concerns.
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Opinion
DC Debate Q1 (part 2): How can the industry create value for savers?
In the first DC Debate of 2017, eight defined contribution specialists discuss the benefits of building a dashboard and look at the charge cap and whether the industry has come closer to defining value for money.
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News
FCA market study: All-in fee might not be all-in cure
The consultation stage of the Financial Conduct Authority’s market review of the asset management industry closed last week, with experts welcoming the boost to transparency but remaining reticent over proposals for an all-in fee structure.
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Opinion
How has the debate on value for money developed?
Jacqui Reid from law firm Sackers takes a temperature check on the value for money debate.
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NewsIsle of Wight's outperformance vindicates active management
The Isle of Wight Pension Fund’s funding level jumped from 78 per cent to 92 per cent over three years, posting returns that reignite the debate over active and passive fund management.
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News
DGF growth expected to continue despite challenges
Experts predicted the continued growth of the diversified growth fund market this week, even as the asset class comes under increased scrutiny over performance and competition from advisers.
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FeaturesSaul relocates trustees in cost-cutting drive
The Superannuation Arrangements of the University of London has saved more than £500,000 by relocating its trustee team as part of a wider push to improve cost efficiency.
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OpinionHow the MiFID II policy statement will affect you
Kim Newell Chebator explains how new MiFID II regulations on data and trading will affect investors from next year.
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News
Cost scrutiny intensifies as TTF calls for select committee inquiry
The Work and Pensions Select Committee has been asked to launch a fresh inquiry into charges levied on pension savings, as campaigners warned price inefficiencies reach far beyond investment costs.
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OpinionUnderstanding the transaction cost disclosure debate
Alison Bostock from professional trustee company PTL looks at the issue of transparency around transaction costs.
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News
High charges could affect £26bn of scheme assets, review warns
The Financial Conduct Authority and Department for Work and Pensions’ Independent Project Board has found that about £26bn of pension scheme assets are potentially facing charges of 1 per cent or higher.
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Features
Brexit, pooling and transparency: Top investment stories from 2016
Year in review: Investment fees and the impact of Brexit on schemes’ portfolios stood out among the most salient subjects for pension schemes in 2016, while the ongoing low-yield environment prompted funds to seek higher returns and cut back on costs.
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FeaturesShell scraps pensioner liaison reps after e-comms push
Shell is removing its network of pensioner liaison representatives with a view to changing to a more cost-effective approach to supporting retired members of the Shell Contributory Pension Fund.