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By IPE Staff2021-05-12T12:18:00+01:00
A recent survey has shown that pension schemes in the UK are beginning to experience tangible benefits from having greater transparency of their investment costs – 79% of schemes are now making use of standardised templates and tools developed by the Cost Transparency Initiative (CTI), up from 56% in May 2020.
The CTI framework, an initiative between the Pensions and Lifetime Savings Association (PLSA), the Investment Association (IA) and the Local Government Pension Scheme Advisory Board (LGPS AB), is an industry standard designed to allow investment managers and asset owners to collect and compare costs and charges in a standardised and transparent way.