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Advocates in Britain Want Limits on Pension Investment Management Fees
Pension Pulse Link to more items from this source
[Opinion]
July 23, 2012
"[While the author applauds] Britain's effort to reduce pension levies and introduce more transparency in pension fees, it's a day late and a dollar short. More importantly, if they truly wanted to make a difference in widespread pension poverty, they would realize that DB plans are much more effective at reducing fees and they perform better than DC plans.... At this writing, the Dow is down 220 points on fears of that Spain and Greece's debt crisis is getting worse. As stocks tank and interest rates fall to new lows, it's hitting workers, savers and pensioners. It's also exacerbating pension deficits, forcing pension funds hungry for yield to invest more into alternative investments."

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