John Simmonds
OpinionTurkeys don’t vote for Christmas
Too much of the pensions industry serves its own interests rather than those of its members, says CEM Benchmarking’s John Simmonds. The problem, he argues, lies in the role of scale. But is bigger truly better when it comes to pensions?
- Opinion
Many schemes are still not engaging on costs
It is difficult to overstate the importance of controlling costs.
OpinionCost disclosure is only valuable if you know how to use it
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.