The Cost Transparency Initiative has entered its pilot phase, in which five of its templates will be tested in coming weeks. Data from the testing will be used to rationalise templates across the industry. The idea is to provide consistency of clarity of fees and costs, so trustees can compare funds easily.
Mel DuffieldJanuary 15, 2019
How much does it cost? It should be the most basic of questions from pension fund trustees when decisions are made about how to invest members’ assets, yet it appears this is often not the case. A lawsuit originating in the US state of Kentucky has the potential to change matters for the better.
Colin MeechJanuary 9, 2019
An equities-biased strategy for the Nottinghamshire Local Government Pension Scheme is against the trend for funds in the UK, but the local government scheme has no plans to de-risk as it tries to make up its funding level. The strategy of the £3.5 billion ($5.7 billion) Nottinghamshire Local Government Pension Scheme, one of the […]
Sarah RundellDecember 6, 2013
The richest seam in the UK’s pension landscape traces the M62 corridor, a motorway that threads east to west across northern England beginning in Liverpool and taking in Manchester, Bradford and Leeds. These cities are home to the biggest local authority pension schemes in England and custodians to a vast cluster of wealth. “Merseyside, Tameside, […]
Sarah RundellJune 26, 2013
It’s hardly surprising that a pension fund for employees working for an organisation charged with reducing climate change and its consequences invests according to strict green criteria. Yet the investment strategy of the United Kingdom’s £2.1-billion ($3.29 billion) Environment Agency Pension Fund (EAPF) definitely has the capacity to surprise. The EAPF posted a total return […]
Sarah RundellFebruary 6, 2013