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

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

'While this policy alters the landscape, it arguably represents an adjustment rather than a fundamental reform'

Steve Charlton
clock 22 December 2025 • 3 min read
Utmost to sell life and pensions business to JAB Insurance

Utmost to sell life and pensions business to JAB Insurance

To focus on wealth solutions business

Jen Frost
clock 22 December 2025 • 2 min read
Editor's view: How disjointed is the government's salary sacrifice change?

Editor's view: How disjointed is the government's salary sacrifice change?

The editor's Friday Night Takeaway from 19 December

Jen Frost
clock 19 December 2025 • 3 min read