EY has been a leader in reviewing fees since 2013, when we published our first Fiduciary Management Fees Survey. In total, 15 fiduciary managers participated in our most recent survey, covering the majority of UK fiduciary management assets.
We help clients understand the details of the proposed fee structure and the different layers of fees charged under a fiduciary management arrangement, and the incentives created by those fee structures.
Fees and expenses are a vital aspect of our value for money assessments. We spend a significant amount of time researching fiduciary managers’ fee arrangements, and we understand what a competitive fee arrangement looks like.
Also see:
2020 Fiduciary Management Ongoing Transaction Costs Survey (pdf)
2019 Fiduciary Management Fees Survey (pdf)
2017 Fiduciary Management Fees Survey (pdf)
Ernst & Young LLP. has conducted a detailed survey of the UK DC Master Trust market, covering providers’ strategic priorities, customer experience, charges and investments. The survey covers 22 authorised Master Trusts (around 90% of the Master Trust market by assets). The survey contains valuable insights, both for Master Trust providers evolving their market proposition, and for employers considering transferring their existing DC plans into a Master Trust.
Click here to download the EY Master Trust Survey (pdf).