Labour pension shadow Gregg McClymont’s amendment would ensure that all auto-enrolment scheme members enjoy the benefit of a shopping around broking service to help them find the best deal. Other amendments to...
The two year short service refunds currently available to occupational schemes are to be banned from 2014. This latest concession will mean occupational schemes will have broadly the same flexibility around refunds...
Both Nest CIO, Mark Fawcett andChris Sier of Stonefish Consulting pledged to offer their investment fee knowledge with advisers during a panel debate on DC investment strategies. When asked by Neil Latham...
He said global custodians are charging pension funds an average of 0.9 basis points for their services, when the real cost in 20 bps, he said. “On a £1bn fund, the fee...
Steve Webb’s pot follows member plan to aggregate small pension pots has received a lukewarm response from the industry, with little consensus across the industry. Aziz said that without engaged consumers, the...
“We think there’s been a bit too much happening, which creates complexity for business. Sometimes it feels that legislation is being rushed and without evidence of the benefits,” Tochtermann said. She said...
The company set up its auto enrolment scheme in April 2013, following the closure of its existing stakeholder scheme. Existing members were given the opportunity to join the auto enrolment scheme in...
This lobbying window exists despite the huge opportunity afforded by auto enrolment and the cultural shift in attitudes which meant that people now want to talk about pensions, he said, responding to...
Advisers and trustees need to be far more demanding of fund managers about the true cost of funds, said Chris Sier of Stonefish Consulting in a well-received speech at the Corporate Adviser...
Warwick Thompson said that EIOPA, the European Institutional and Occupational Pensions Authority, “had not been helpful” by failing to insist that providers disclose total costs and charges, including off-balance sheet costs and soft...
