CTI chairwoman, Mel Duffield. The Cost Transparency Initiative (CTI) will build on 12 months of positive industry take up with the launch of additional resources to encourage more schemes and asset managers to adopt the standards. The CTI – a partnership initiative between the Pensions and Lifetime Standards Association (PLSA), …
Read More »CTI receives backing from UK pension schemes
Ten of the largest pension schemes in the UK have written a joint letter announcing their support for the Cost Transparency Initiative (CTI). The schemes endorsing the strategy, which includes the Royal Mail Pension Plan, Nest and the Universities Superannuation Scheme, represent over 19 million members who have more than …
Read More »Ten schemes publicly back Cost Transparency Initiative
Duffield: We will work across the industry to encourage adoption Ten pension schemes representing over 19 million members and more than £150bn in assets under management have written a joint public letter endorsing the Cost Transparency Initiative (CTI). In the statement the ten schemes stated: “We believe that greater cost transparency …
Read More »