IC Select finds just 3% of schemes retendered investment consultants last year

James Phillips
clock
Only 1.5% of schemes changed provider last year
Image:

Only 1.5% of schemes changed provider last year

The number of pension schemes retendering for investment consulting services has dropped sharply over the last decade, IC Select research reveals.

Just a handful of schemes (2.7%) held a retendering exercise for these services in 2017, a sixth of the level this was at in 2008. Meanwhile, only 1.5% of schemes changed their investment consultant...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Uncategorised

UK Pensions Awards 2019 - The night in pictures

UK Pensions Awards 2019 - The night in pictures

Here they are...all the pictures from the UK Pensions Awards 2019.

PP Online
clock 24 May 2019 •
PP Rising Star Awards - The Winners

PP Rising Star Awards - The Winners

Here they are - the winners of the inaugural Professional Pensions Rising Star Awards...

Jonathan Stapleton
clock 28 March 2019 •
Equity Pension Scheme members want a transition to green investments

Actors call on Aviva to swap to low-carbon default

Academy Award-winning actors have called on Aviva to set up a low-carbon default fund for the £110m Equity Pension Scheme.

James Phillips
clock 23 October 2017 •
Trustpilot