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,...
Guy Opperman has held onto his role as minister for pensions and financial inclusion after an action-packed cabinet reshuffle yesterday.
As both the APPT and PMI launch accreditation regimes for professional trustees, Henry Tapper asks if you are a Betamax or VHS Trustee?
Levels of inflation hedging remain strong despite there being no clarity on the outcomes of potential retail price index (RPI) reform, BMO Global Asset Management says.
PTL managing director Richard Butcher has warned trustees could face jail under proposed pension schemes bill additions to the Pensions Act 2004.
The law does not require trustees to be perfect, but they must understand it to know the true value of scheme liabilities, says Anna Copestake.