Tenders for first-time fiduciary management mandates will be mandatory, must be conducted on a closed basis, and will apply to any mandate for over 20% of a scheme's assets, the Competition and Markets Authority (CMA) has confirmed.
Publishing its final report in its investment consultants market investigation today (12 December), the watchdog said it would also proceed with many of the remedies suggested in its provisional decision,...
Government plans to increase the general levy will disproportionately hit members who have been auto-enrolled, says Darren Philp
The professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed again and is now expected to launch “in the new year”.
The Pensions Regulator (TPR) has published guidance detailing how schemes that use fiduciary managers should run a competitive tender process when appointing a manager.
The European Court of Justice (ECJ) will deliver its judgment next month in a landmark case on whether pension lifeboat funds are paying out the right level of benefits.
The Conservative party will hold reviews of the tapered annual allowance and net-pay schemes if it is elected back into government, it has said.