Fees & Costs – Page 3
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News
Cassa Forense urges tax cuts to boost domestic investments
A ‘reward’ in the form of a lower levy should come from parliament and government for pension funds managing assets invested in Italy, says scheme’s president
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News
IGG launches service aimed at transforming small scheme governance
IGGnite enables schemes below £150m access to scheme management and investment solutions at a cost typically reserved for larger schemes
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News
ETFs boost capital inflows to Article 6 funds, says EFAMA
Article 6 UCITS funds saw inflows of €101bn last year, a turnaround from -€208bn in 2022, according to EFAMA’s Fact Book 2024
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News
LGPS investment management costs drop by £141m
The investment management cost decrease was attributed primarily to a £188.5m net decrease in performance fees
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News
Swedish agency gives early details of €12.5bn Swedish equities tenders
Funds lobby warns reducing the number of domestic equity premium pension funds offered could harm liquidity on local stock market
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News
Swedish employers, unions consolidate occupational pensions admin to cut costs
Four-year-old platform Avtalat to encompass Collectum and Fora by end 2026
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News
AP7 starts distributing surpluses to savers to keep fees stable
Swedish default fund for premium pension finds solution to excess-money quandary as asset management surpluses grow
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News
Swiss Parliament pushes discussion on pension funds’ cost transparency
Improving access to information would strengthen competition in an extremely sluggish market, according to parliamentary motion
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News
UK defined benefit schemes overspend £300m each year, report finds
Spence & Partners has calculated that removing inefficiencies could save an average 1,000-member scheme £105,000 per year in running costs
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News
ABP to reduce investments in emerging markets
The fund believes it no longer pays to be overweight the region given the expected returns for emerging market assets
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News
Small DB schemes unlikely to run on beyond buyout funding level due to costs
Hymans Robertson finds that the cost of running a small DB scheme is four times the cost of running a large scheme
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News
Dutch funds risk €18bn bill if pension transition called off, says PwC
Dutch pension funds would have to shoulder the cost of running expensive legacy DB systems for decades to come, the accountant warns
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News
BaFin deems costs reporting for occupational schemes ‘unnecessary’
German regulator’s view clashes with EIOPA’s suggestion to annually report on all costs and charges
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News
TPR’s Statement of Strategy will be challenging and costly for UK schemes
Completing the template as proposed will create a lot of extra work and could add 20% to scheme valuation costs
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Interviews
Swedish funds agency chief: ‘We can’t afford not to be good’
As FTN completes first tender award, executive director Erik Fransson talks about the need for internal cooperation and the pressure on the organisation to get things right
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News
APG to cut asset management jobs as clients move to passive
Costs are a ‘recurring element’ in conversations with pension funds, says CEO Ronald Wuijster
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Features
Investors are paying for hedge funds' reluctance to use hurdle rates
Although two years have now passed since the US Federal Reserve started rapidly hiking interest rates, the likelihood that your hedge fund manager will have a ‘hurdle rate’ – a minimum rate of return before performance fees kick in – has not changed. Only a quarter of hedge funds, by our count, have such a threshold in place and the practice does not yet show signs of becoming more widespread, even though the risk-free rate has now exceeded 4% for well over a year.
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News
Brunel Pension Partnership to move away from ‘pure cost-savings focus’
The pool is making cost savings of £41m per year
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News
Extra disclosure under TPR’s funding code could push up scheme costs
There is a risk that an ‘overly prescriptive’ approach pushes trustees into ‘costly tick-boxing’ exercise, according to Cardano
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News
Sustainability is becoming more expensive, say Austrian pension funds
‘We have been ‘living’ sustainability for a while now but it is costing more and more money,’ says Bundespensionskasse board member