IC Select finds just 3% of schemes retendered investment consultants 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...
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This week’s top stories included the launch of Scottish Widows’ new responsible investment team, and reports of Treasury plans to cut pension tax relief for high earners.
