KAS BANK enhances benchmarking reporting
May 16, 2019

KAS BANK, a specialist provider of securities services to the UK pension industry, has reported today that its cost transparency solution now offers UK DB (defined benefits) and DC (defined contributions) pension funds and their trustees the ability to benchmark costs relative to other pension schemes.

It says that comparisons can be now be made across areas such as total cost of ownership, pension management costs, investment management fees, and transaction costs.

Pat Sharman, UK Managing Director for KAS BANK commented: "Our work to support UK pension schemes on the benefits and implementation of cost reporting has gone from strength to strength. This unique benchmarking capability for UK pension funds is a step further in bolstering our flexible cost transparency solution.

"It provides the tools that trustees need to properly evaluate their costs, supplying them with information that helps them with their decision-making and governance oversight.

"Cost transparency in the UK pensions industry remains a top priority for policy makers. Consequently, it continues to climb ever higher on trustee's agendas.

"KAS BANK is committed to ensuring that trustees have access to the best possible tools and education through our cost transparency solution for UK pension funds, and through our educational partnership with the PLSA (Pension and Lifetime Savings Association) on cost transparency."





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KAS BANK, a specialist provider of securities services to the UK pension industry, has reported today that its cost transparency solution now offers UK DB (defined benefits) and DC (defined contributions) pension funds and their trustees the ability to benchmark costs relative to other pension schemes.

It says that comparisons can be now be made across areas such as total cost of ownership, pension management costs, investment management fees, and transaction costs.

Pat Sharman, UK Managing Director for KAS BANK commented: "Our work to support UK pension schemes on the benefits and implementation of cost reporting has gone from strength to strength. This unique benchmarking capability for UK pension funds is a step further in bolstering our flexible cost transparency solution.

"It provides the tools that trustees need to properly evaluate their costs, supplying them with information that helps them with their decision-making and governance oversight.

"Cost transparency in the UK pensions industry remains a top priority for policy makers. Consequently, it continues to climb ever higher on trustee's agendas.

"KAS BANK is committed to ensuring that trustees have access to the best possible tools and education through our cost transparency solution for UK pension funds, and through our educational partnership with the PLSA (Pension and Lifetime Savings Association) on cost transparency."



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