CMA report 'pragmatic and realistic' while mandatory tendering 'will bring better value'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
In its provisional decision today (18 July), the Competition and Markets Authority (CMA) found some competition issues in both the investment consulting and fiduciary management markets, and put forward...
More on Law and Regulation
Industry must fight Pension Schemes Bill mission creep
While the Pension Schemes Bill is continuing its route through the parliamentary process, there are still some loose ends to tie up - including section 107. Here, Richard Butcher, looks at what the implications of that clause could mean for DB schemes....
Covid-19 has removed any doubt over the necessity of superfunds
Superfunds will be a “useful weapon” for defined benefit schemes moving forward, with their need solidified after the economic struggles caused by the coronavirus pandemic, Guy Opperman has said.
Guy Opperman: People are trying to delay the pensions dashboard
Schemes trying to delay the dashboard project by not collecting the necessary data will be left behind, Guy Opperman has warned.
Industry raises significant concerns over FCA consultation on advising on pension transfers
The industry has raised serious concerns that Financial Conduct Authority (FCA) transfer advice proposals on illustrative figures could hamper schemes’ ability to help members to understand their retirement options and force many to take full regulated...
Scheme governance going public: a member's foe or friend?
While designed to boost member understanding, published statements of investment principles could muddy the waters and put members off altogether, says Anna Copestake.
