Pension benchmarks give consumers false impression of fund performance
Tuesday, January 26, 2016 - 11:31
in Mathematics & Economics
Benchmarks that measure the performance of pension funds, and fees charged to consumers by investment fund managers, require greater scrutiny, suggests new research from the University of Bath. Personal pension funds on average beat their benchmarks but the study shows this owes less to the investment skill of pension managers and more to the selection […]