The Cost Transparency Initiative (CTI) has been established to deliver templates to help institutional investors to access and assess information on costs.
The CTI will run a pilot to test the new cost transparency templates and supporting technical and communications materials until January 2019. Following the pilot, it will roll out the templates to the asset management and pensions industries to encourage fully transparent and standardised cost and charge information for institutional investors.
The CTI is an initiative between the Pensions and Lifetime Savings Association, the Investment Association, and the Local Government Pension Scheme Advisory Board. It will progress the work already undertaken by the Institutional Disclosure Working Group (IDWG) which was launched by the FCA as part of its Asset Management Market Study remedies package