Adrian Boulding: How realistic is asset manager charges transparency?

On 5 September the Work & Pensions Committee (WPC) held a highly-focused debate on the challenges of extracting increased charges transparency from asset management firms with a view to establishing a ‘value for money' benchmark and adding this new charges detail into pensions illustrations. The debate, chaired by WPC chair Frank Field, drew on the expertise of the likes of Chris Sier, chair of the Financial Conduct Authority's (FCA) Institutional Disclosure Working Group, and Andy Agathangelou, founding chair of the Transparency Task Force. It is clear from a reading of the 30-page t...