Concern grows over conflicts of interest for fiduciary managers
Buck Consultants has raised concern over conflicts of interest at fiduciary managers after research found three in ten mandates (29%) were awarded to existing advisers without a competitive tendering exercise.
The Perceptions of Fiduciary Management report found strong growth in the market with one in four (27%) partially or full delegating investment decisions and a further 42% considering doing so. But...
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