One in five independent trustees would appoint their scheme's incumbent adviser as a fiduciary manager without an open selection process, research finds.
The survey by Progress Metrics, which gathered responses from 30 professional trustees, found 44% preferred to conduct their own selection process while 38% said they would appoint an independent a...
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