All disclosure articles – Page 2

  • Rory Gravatt
    Opinion

    Select committee's new inquiry misses the point

    2018-08-13T00:00:00Z

    From the blog: It is bizarre that the Work and Pensions Committee is questioning whether people understand the cost and value for money of their pension products when the Financial Conduct Authority has only just published research that answers their question.

  • FTSE 100 (Getty)
    News

    FTSE 100 steps up derisking drive as deficits shrink

    2018-07-30T00:00:00Z

    Defined benefit schemes of FTSE 100 employers continue to derisk investment portfolios at a rapid rate, despite mismatching of assets and liabilities generating attractive returns over the last year.

  • Mandatory tenders welcomed by pensions industry
    News

    Mandatory tenders welcomed by pensions industry

    2018-07-18T00:00:00Z

    UK pension schemes will be required to conduct competitive tender processes before hiring their first fiduciary manager, under recommendations set out by the Competition and Markets Authority on Wednesday.

  • Paul McGlone
    Opinion

    IDWG cost disclosures are only the beginning

    2018-07-17T00:00:00Z

    The Institutional Disclosure Working Group’s cost disclosure code has landed on the desk of the Financial Conduct Authority just under a year after the group first convened.

  • News

    Disclosure standard aims for strengthened trustee buy side

    2018-06-26T00:00:00Z

    Investment consultants could be required to disclose scheme data allowing clients to judge the quality of their advice under a new performance framework, which has already attracted positive early statements from two top 10 firms including 'big three' member Mercer.

  • John Simmonds
    Opinion

    Cost disclosure is only valuable if you know how to use it

    2018-03-06T00:00:00Z

    Bond and equity returns over the past 30 years have exceeded long-term averages and are widely regarded as unsustainable. As investment costs take a bigger slice of the return ‘cake’ when returns are low, it is unsurprising that investor attention is turning to cost. 

  • News

    Trustees lack info to judge fid man and consultant VfM, finds CMA

    2018-03-01T00:00:00Z

    Competitive processes are not providing customers with the necessary information to judge the value for money of investment consultants and fiduciary managers, the Competition and Markets Authority has said.

  • News

    DWP changes DC cost disclosure rules

    2018-02-26T00:00:00Z

    On the go: The Department for Work and Pensions has made a number of changes to disclosure rules relating to costs and investments in defined contribution workplace schemes.

  • News

    IGC reporting fails to identify value for money

    2018-02-15T00:00:00Z

    Independent governance committees are failing to adequately report the value for money represented by their respective providers, according to a new report ranking the committees on scrutiny and transparency.

  • News

    PTL launches transaction cost service

    2018-01-05T00:00:00Z

    Professional trustee company PTL said it has launched a service for asset managers aimed to help their clients assess investment transaction costs.

  • Source: Getty Images
    News

    Trustees and consultants urged to up their game in transparency push

    2017-12-06T00:00:00Z

    The chair of the Financial Conduct Authority’s working group on cost disclosure has spoken out about a dangerous fixation with net performance in the pensions industry, insisting that granular data is needed for the recent transparency drive to have any effect.

  • News

    Investor coalition seeks better workforce reporting

    2017-07-03T00:00:00Z

    UK pension schemes are among a $7.9tn (£6.1tn) coalition of investors calling for increased disclosure from companies about their workforce, which campaigners say can help investors to safeguard long-term returns.

  • Source: Bloomberg
    News

    No all-in fee for asset management firms

    2017-06-28T00:00:00Z

    Asset management firms must disclose estimated and actual fees and transaction costs to clients, but should not be forced to charge a single fee for services, the Financial Conduct Authority has recommended.

  • News

    First asset managers commit to LGPS transparency code

    2017-05-19T00:00:00Z

    The Local Government Pension Scheme advisory board has launched its code of transparency to improve cost disclosure, amid early indications that asset managers will sign up.

  • News

    Advice suitable but disclosure too complex, finds FCA

    2017-05-18T00:00:00Z

    The Financial Conduct Authority has published the findings from its review into the suitability of pensions and investment advice, but while the results are reassuring, experts say more needs to be done to make advice less convoluted. 

  • News

    Delays in transfer value process threaten member outcomes

    2017-03-21T00:00:00Z

    The Pensions Regulator has been asked to look at streamlining the process for providing cash equivalent transfer values, after complaints from advisers that delays in schemes providing necessary information meant members were missing out.

  • source: Getty Images
    News

    Managers improving stewardship disclosure, but ESG has a way to go

    2017-02-07T00:00:00Z

    Quality of stewardship reports among asset management firms is steadily improving, according to the Financial Reporting Council, but some managers continue to dismiss environmental, social and governance issues.

  • News

    Hidden charges weigh pension pots down

    2016-05-25T00:00:00Z

    Pensions are being hit by more than 100 costs and charges, many of them hidden, which are potentially taking as much as a third off the gains of a pension over its lifetime, a study by the Transparency Task Force has found.

  • News

    Trustees and IGCs gifted with new tools to aid DC reporting

    2015-11-17T00:00:00Z

    Trustees and committees overseeing defined contribution arrangements have been thrown a line with new reporting templates to help them meet their governance obligations, but some argue a comparative framework could further strengthen the assessment of value in DC.

  • News

    Existing ties still a powerful influence in fid man appointments

    2015-10-06T00:00:00Z

    Competition for fiduciary management has been bolstered by a rise in open tenders but existing relationships continue to be a dominant driver behind schemes’ choices and questions remain over the value of the approach.