GLOBAL - Inalytics has developed a league table of transition managers in conjunction with Mercer and Hewitt to help pension funds with due diligence.
Chief executive Rick Di Mascio said the benchmark - which would act as a league table of transition manager performance figures - would help pension funds both in selecting a transition manager and in objectively assessing the outcomes at the end.
National Association of Pension Funds investment council member Alick Stevenson backed the move.
He said: "It is progress in the right direction. Anything that leads to further disclosure of numbers to the clients is imperative.
"If this leads to fuller disclosure then the NAPF is very supportive."
Stevenson said pension funds no longer accept a number for the implementation shortfall and want to know how this is broken down to understand what is market movement and what is cost.
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).