44% of U.S. pension plan sponsors set to review, renegotiate fees
Source: Benefits Canada Nearly half (44 per cent) of pension plan sponsors in the U.S. said they intend to review and/or renegotiate their plan’s management fees over the next one to two years, whether it’s custody fees (27 per cent) or investment management fees (17 per cent), according to a survey by consulting firm Callan. The survey, which polled more than 160 U.S. organizations representing 194 plans with more than US$975 billion in assets under management, found the average [...]