Adrian Boulding: Asset manager charges block pension cost clarity

On 5 September the Work and 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 the WPC chair Frank Field, drew on the expertise of the likes of Dr Chris Sier, former chair of the Financial Conduct Authority (FCA) institutional disclosure working group and Andy Agathangelou, former chair of the Transparency Task Force. It's clear from the reading of t...