The TUC has attacked the first category of DA, a DB-lite approach that would allow greater flexibility around salary-related benefits such as removing mandatory inflation indexation. Other stakeholders have said any relaxation...
Speaking at the LCP DC pensions conference - Deliovering Value to DC Members, Webb said too much transparency around charges would present members with a ‘morass of useless information’ but sidestepped an...
The Enhanced-Diversification Growth Fund (EDGF), which will launch in Q1 of 2014 and is available as a component of a scheme or as a standalone default, aims to generate equity-like returns over...
The Government’s document ‘Better Workplace Pensions: A Consultation on Charging - Impact Assessment Report’, proposes three options, with the lead option believed to be a 0.75 per cent charge cap. LEBC says...
Nest has published its investment fund procurement guidelines, setting out the core areas covered when grilling fund managers on their offering, including security lending income and costs, FX costs, pricing basis and...
Click here for all the detailsEnquiries:Anna WrightT: 020 7970 4571E: anna.wright@centaur.co.uk
The NAPF also says the OFT’s suggestion that governance committees should be placed at provider level could lead to conflicts of interest, in a wide-ranging critique that welcomed its recommendations but argues...
Yesterday’s House of Commons rejection of pension shadow Gregg McClymont’s amendment calling for an in depth review of fund management charges within auto-enrolment pensions also leaves Labour challenging the effectiveness of the...
It is heartening to see the FCA take on the serious issue of the use of soft commissions for research with its consultation announced at the end of October. We only hope...
The DWP has pointed to OFT concerns that employees may be automatically enrolled into schemes that contain built-in adviser commissions. It is also concerned that commissions create a barrier to employers switching...
