All Costs and charges articles – Page 23
-
Opinion
How DB schemes can offset end of contracting-out costs
The end of contracting out means extra costs for defined benefit sponsors and members. CMS Cameron McKenna’s Johanna Clarke and Keith Webster reveal how employers can ease some of the pain.
-
Features
Havering makes about-turn on pooling
London Borough of Havering Pension Fund has reversed its original decision not to join the London Collective Investment Vehicle, making it one of the last of the city’s schemes to take this route to reduce manager fees.
-
OpinionRegulator: Coding for quality — how we’re supporting DC
Talking Head: The Pensions Regulator’s Andrew Warwick-Thompson shares the latest on the Pensions Regulator’s revised DC code of practice, reveals findings from its survey on transfers and exit fees, and says where to get help for understanding new DC charges.
-
News
Existing ties still a powerful influence in fid man appointments
Competition for fiduciary management has been bolstered by a rise in open tenders but existing relationships continue to be a dominant driver behind schemes’ choices and questions remain over the value of the approach.
-
NewsAsset insourcing saves LPFA 75% on fees
FT Investment Management Summit: The London Pensions Fund Authority could run as much as half of its assets in-house within the next three years, cutting the fees charged on those assets by three-quarters.
-
OpinionLPFA: Seize the opportunity
The LPFA’s new chair, Sir Merrick Cockell, says the argument for change across the LGPS is undeniable and schemes should seize the opportunity.
-
Opinion
The DC Debate – does the future offer greater freedom, or further restrictions?
In this instalment of the DC Debate, our eight panel members discuss the effects of the new freedoms, continued legislation and compliance, and which value-for-money products are in the pensions pipeline.
-
Opinion
The science behind DC redesign
DC Investment Quarterly: The introduction of freedom and choice and the charge cap this year marked two profound changes to the defined contribution marketplace, affecting both what DC investment products will be expected to deliver and the limits within which they have to deliver them.
-
News
VAT burden shows little sign of abating as key deadline approaches
News Analysis: Employers need a better way of reclaiming VAT on behalf of their schemes than that set out by HM Revenue & Customs, lawyers say, as a December deadline for schemes to renegotiate service contracts looms.
-
OpinionSomething's gotta give…
Editorial: At least that’s the message from UK plc, which is sounding off about the detrimental impact of the living wage coming into force next April.
-
OpinionScheme fragmentation more stark in private sector than public
Data Crunch: The appointment last month of Edi Truell as the London Mayor’s new adviser on pensions and investments is part of an initiative, we are told, to amalgamate some of the country’s numerous public sector pension funds and aims to save billions of pounds through greater efficiencies, lower fees and improved returns.
-
OpinionThe AE commission and consultancy charges conundrum
Who pays the tab for auto-enrolment remains a tricky problem. Perhaps it is time to look Down Under for the solution, says Mercer’s Gail Philippart.
-
News
Invensys extends Pie to pensioners
Invensys Pension Scheme is expanding its pension increase exchange offering to retired members, as the company plans a bulk exercise for dependants and pensioners.
-
Opinion
Transaction charges: What? Why? When?
From the blog: Debate about the disclosure of transaction charges has made waves across the pensions industry this year. Will the autumn bring a fresh set of challenges and paperwork for trustees and independent governance committees? Or is it possible to draw answers from information already out there?
-
Opinion
Holiday reading: Transfers and exit charges – consultation basics
From the blog: The government has today launched a 12-week consultation into pension transfers, early exit charges and the provision of financial advice.
-
News
LGPS sharpens focus on collaboration as consultation looms
News analysis: Local authority schemes are poised for the outcome of a consultation on collaboration which could compel them to pool their investment assets to save on costs.
-
Opinion
Why it is crucial to get a handle on transaction costs
If defined contribution scheme members are to make confident investment decisions they need to be clear on costs, says Mercer’s Andrew Williams.
-
Opinion
LPFA: Government gives vote of confidence to proactive LGPS funds
Talking Head: The government’s decision to reward ambitious funds that deliver savings and strong investment performance is a marker in the sand in addressing LGPS deficits, says LPFA’s Susan Martin.
-
OpinionHow to cut costs through shared services
Schemes can benefit from cost efficiency by sharing services with their peers, says PTL’s Matt Riley.
-
OpinionEditorial: One hundred days…
Last week saw us pass the somewhat arbitrary milestone of 100 days since the introduction of the freedoms, and providers and commentators rushed to give their take on the story so far.