Trusteeship in the UK is much more structured and rigorously regulated than in the US but takes longer to get to grips with, according to Prudential Fixed Income head of liability-driven investment (LDI) Gary Knapp.
Knapp, who is based in Newark but acts as a trustee for the Pramerica retirement savings plan in the UK, described British trusteeship as "kinder and gentler" than across the pond. One of the ma...
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