Respondents were not really persuaded that there was a lack of capacity in the market for advisers on fiduciary management.
Many were not convinced, or at least felt trustees were not convinced, about the idea of fiduciary management in the first place.
A sceptical contributor said: "The whole concept of fiduciary management was dreamed up by advisers - also known as 'making hay while the sun shines'. As to 'sufficiently qualified' - what does that mean and to what level? It's just guesswork at the end of the day and some are better than others."
Others were worried that many advisers were conflicted as they offered fiduciary management services as well as traditional investment consulting. One clearly concerned commentator asked: "Oh my god, is there going to be a shortage of advisers?!"
Another contributor who was yet to be convinced said: "I haven't heard a fiduciary pitch yet where it was clear they knew what they were talking about. The skills need more development and the investment teams offering this need to bring in consulting actuaries for those skills."
