LCP attacks providers over ‘alarming’ opaque fees
The LCP DC Fees Survey of over 300 funds has revealed that around 30 per cent of DC investment providers were unwilling to provide details of the indirect costs associated with their...
The LCP DC Fees Survey of over 300 funds has revealed that around 30 per cent of DC investment providers were unwilling to provide details of the indirect costs associated with their...
The survey, which polled 59 employers, showed a low level of understanding of the cost of auto-enrolment amongst smaller employers, with 44 per cent predicting it would cause just a small increase...
The research shows 72.3 per cent of advisers and 66.7 per cent of employers surveyed think it is important or very important that their auto- enrolment technology can be used with any...
Shadow pensions minister Gregg McClymont says the Department for Work and Pensions should have gone for the ‘aggregator’ approach, whereby small pots would only be automatically transferred to low-charge trust-based arrangements, rather...
Dropping the aggregator model proposed by some life offices, the DWP said it had opted for ‘pot follows member’ because of the potential for reduced charges and because it is the most...
Aegon chief executive Adrian Grace says: “Our entry into the corporate platform market couldn’t come at a better time. The Workplace Savings market is undergoing a period of significant change. Pensions reform...
The attack follows comments reported in The Times and The Guardian in which Miliband accused the pension industry of excessively high charges. The two newspapers reported Miliband as saying he is determined...
The government has admitted that the complexity of unravelling contracting out has delayed progress on the white paper, which will now be delivered in the autumn as auto-enrolment is getting underway, rather...
In a report published today the NAO says TPR’s processes focus too much on processes and systems and not enough on actual outcomes, and focus mainly on trust-based schemes and not contract-based...
AWD says higher charges for longer, low levels of support and its contribution cap mean employers should not choose Nest unless it changes the way it operates.But Nest chief executive Tim Jones...