Brian Henderson

Active management fees – how low can they go?

2017-05-30T00:00:00

Here’s a challenge that came across my desk the other day. Are low charges incompatible with active management in pension schemes? I can hear the two words most beloved by consultants – it depends – ringing in my ears, but in truth it depends on two things: first, what is meant by low in the context of charges, and second, just how active is active?