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...
The DWP consultation Better Workplace Pensions: A Consultation on Charging, argues that schemes set up prior to September 2013 when the ban was put in place should also be unravelled. Since September...
Opening its 2013 Asset Management Conference today, FCA chief executive Martin Wheatley will call for greater transparency in the asset management sector, and is demanding a frank and open discussion on how...
The other two options are a higher charge cap of 1 per cent of funds under management or a lower charge cap of 0.75 per cent. The government says charges will encompass...
In the same debate, which is currently ongoing, Labour pension shadow Gregg McClymont will call for an inquiry into hidden charges in pensions and the funds in which they invest, that will...
