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All schemes using fiduciary management for over 20% of assets must conduct a tender. Photo: Cytonn Photography
Following the Competition and Marketing Authority's investigation, Nick Reeve looks at how trustees can prepare for the formal tender process required for the selection of fiduciary managers.
Formal tenders and manager beauty parades are becoming commonplace in the fiduciary management sector following the Competition and Markets Authority's (CMA) 15-month investigation. Any pension scheme...
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