Treasury orders review of actuarial profession
UK - The Treasury has ordered a wide-ranging review of the actuarial profession following Lord Penrose's inquiry into the near-collapse of Equitable Life.
The review – by outgoing chairman of the Competition Commission Sir Derek Morris – will identify the regulatory framework needed to promote “transparency in the professional conduct of actuaries”. It...
More on United Kingdom
The changing landscape of fiduciary management
Partner Insight: Russell Investments' David Rae and Paul Wharton discuss how fiduciary management has changed in response to a shifting market context and what we might expect to see going forward
Fiduciary management as a governance solution
Industry Voice: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
Has the Law Commission's fiduciary duty review been successful?
Two years have passed since the Law Commission's landmark review that attempted to clear up confusion over trustees' fiduciary duties. Stephanie Baxter finds despite some initial progress there is much more work to be done.
Transparency Task Force appoints ShareAction CEO as ambassador
Catherine Howarth has been an appointed as an ambassador for the Transparency Task Force (TTF)
Should UK pensions go Dutch on cost transparency?
Michael Klimes looks at the latest proposal to bring transparency on asset manager costs.
