• Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  • Events
  • Whitepapers
  • ESG spotlight
  • PPTV
  • Newsletters
  • Sign in
  • Events
    • Upcoming events
      event logo
      Risk Reduction Forum 2019

      The Risk Reduction Forum seeks to arm trustees and scheme professionals with practical insights around best practice, and takeaways they can apply to their own scheme

      • Date: 14 Mar 2019
      • Radisson Blu Bloomsbury, London
      event logo
      Rising Star Awards 2019

      Professional Pensions has launched its inaugural Rising Stars Awards to celebrate the emerging talent in pensions

      • Date: 27 Mar 2019
      • Proud Embankment, London
      event logo
      Defined Contribution Conference 2019

      This exclusive one day conference will provide a comprehensive overview of the evolving DC landscape, and examine how Trustees and Pension Scheme Managers can overcome the challenges they face

      • Date: 24 Apr 2019
      • The Bloomsbury Hotel, 16-22 Great Russell St, London WC1B 3NN, London
      event logo
      UK Pensions Awards 2019

      Make a date in your diary. These awards are the single largest gathering and a veritable 'who's who' of the corporate pensions industry in the UK.

      • Date: 23 May 2019
      • Hilton Park Lane 22 Park Lane, Mayfair, London W1K 1BE, London
      View all events
      Follow our Professional Pension Events

      Sign up to receive email alerts about our events

      Sign up
  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

      Download
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • ESG spotlight
  • Sign in
    •  

      You are currently accessing ProfessionalPensions via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • RSS
    • Twitter
    • LinkedIn
    • Newsletters
    • YouTube
  • Register
  • Subscribe
Professional Pensions
Professional Pensions
  • Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  •  

    You are currently accessing ProfessionalPensions via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
Professional Pensions
  • United Kingdom

Schemes raise investment consultant concerns

  • Jenna Towler
  • 13 March 2009
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
0 Comments

About 10% of occupational pension schemes have concerns about the value for money their investment consultant provides, National Association of Pension Funds research reveals.

The study - Assessing Investment Consultants Performance - found 10% or more respondents gave a poor or very poor rating and less than half considered the service good or very good in a "small number of areas".

Defined benefit schemes were worried about value for money, the amount of pro-active advice, training and supporting dialogue with the sponsoring employer.

Defined contribution schemes ranked value for money and communication with members as poor or not very good.

However, overall the response was positive. The survey found 83% of DB schemes and 80% of DC schemes, would recommend their investment consultancy to another scheme with similar needs.

The survey, launched today at the NAPF Investment Conference, forms part of the NAPF's Assessing Investment Consultants Performance toolkit, launched last year, and is designed to measure how satisfied pension funds are with the service they receive from their investment consultants.

NAPF director of policy Nigel Peaple said: "Despite the worsening economic conditions, our survey finds that schemes remain very satisfied with their investment consultants.

"Overall it is a very positive picture but there are some areas where improvement could be made - such as value for money, pro-activity, training and member communications."

Overall pension funds rated their consultancies very positively. Depending on the type of service between 44% and 89% said the service received was good or very good.

No area of service was rated as poor or very poor by more than 14% of respondents.

Related articles

  • Five stories you may have missed this week
  • RBS reports £100m GMP impact; slashes equity exposure by two thirds
  • People Moves Blog: Cambridge Associates hires investment director
  • Aegon 'benefiting' from Blackrock DC business but sees profits drop
  • Rising Star Awards 2019 - Shortlists published
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Google plus  
  • Send to  
  • Topics
  • United Kingdom
  • Regulation

Latest stories

A stack of newspapers
Five stories you may have missed this week

This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.

  • Industry
  • 15 February 2019
RBS sign
RBS reports £100m GMP impact; slashes equity exposure by two thirds

Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.

  • Investment
  • 15 February 2019
Pension Appointments Blog
People Moves Blog: Cambridge Associates hires investment director

  • Appointments
  • 15 February 2019
Good communications are more important than ever

Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point

  • Admin / Technology
  • 15 February 2019
Back to Top

Most read

Rising Star Awards
Rising Star Awards 2019 - Shortlists published
Cardano agrees acquisition of Now Pensions
RBS sign
RBS reports £100m GMP impact; slashes equity exposure by two thirds
A stack of newspapers
Five stories you may have missed this week
A lifeboat
PPF drops Experian for insolvency risk model
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Privacy and Cookie policy
  • RSS
  • Twitter
  • LinkedIn
  • Newsletters
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017