Time and costs may be barrier to switching fiduciary manager, CMA finds

James Phillips
clock • 3 min read

The time and costs involved in the process of tendering and/or switching a fiduciary manager can be 'considerable' and may make it more difficult for schemes to assess value for money and switch provider.

Meanwhile, defined contribution (DC) trustees, especially those of smaller schemes, are less likely to be engaged, while schemes with investment sub-committees may also be more engaged in reviewing...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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