Adrian Boulding: Asset manager charges block pension cost clarity

There are 1,840 asset management firms with £8trn AUM

clock • 7 min read

The Work and Pensions Committee's renewed focus on value for money has put opaque asset management charges under the spotlight, writes Adrian Boulding

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Budget 25: Pensioners caught in frozen threshold tax trap see 'small bills' written off

Budget 25: Pensioners caught in frozen threshold tax trap see 'small bills' written off

‘Absurd situation’ caused by frozen thresholds and triple lock commitment

Jenna Brown
clock 26 November 2025 • 3 min read
Pensions industry slams salary sacrifice changes as 'counterintuitive' and 'deeply misguided'

Pensions industry slams salary sacrifice changes as 'counterintuitive' and 'deeply misguided'

Responding to the chancellor’s decision to cap salary sacrifice for pensions at £2,000

Holly Roach
clock 26 November 2025 • 9 min read
Budget 25: Chancellor retains state pension triple lock

Budget 25: Chancellor retains state pension triple lock

Triple lock sustainability remains a key issue for government

Jenna Brown
clock 26 November 2025 • 3 min read