Workplace pension trustees are prioritizing low-cost fees over investing in high-growth companies, according to a trade body.
Workplace pension trustees are prioritizing low-cost fees over investing in high-growth companies, according to Zoe Alexander, chief policy officer at trade body Pensions UK.
The focus on securing ultra-low fees for clients is restricting higher allocation into assets such as private equity and debt.
Why this matters: This could hold back growth investment in the industry.
What this means for you: If you're a pension scheme member, this may affect your long-term investment returns.
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