Exclusive: PLSA calls for mandatory FM tenders to be run on closed basis

James Phillips
clock • 3 min read

Mandatory tenders for fiduciary management services should be conducted on a closed basis with no minimum threshold for the number of managers involved, the Pensions and Lifetime Savings Association (PLSA) says.

The trade body said these tenders should be aided by the introduction of a regulator-created ‘checklist' for trustees, who should then produce "light-touch, formal documentation" on the process and...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

The full list of pensions ministers since 1998

The full list of pensions ministers since 1998

The full list of the ministers who have been responsible for pensions

PP Staff
clock 11 July 2024 • 1 min read
Stephen Tiley: CDC is a sustainable, sensible and workable pensions model

Stephen Tiley: CDC is a sustainable, sensible and workable pensions model

CDC also takes away the stressful decisions members are expected to make in DC

Professional Pensions
clock 09 July 2024 • 2 min read
John Moret: Dreams of a new post-election pensions landscape

John Moret: Dreams of a new post-election pensions landscape

‘Mr Sipp’ says pensions simplification should top the list of priorities for new government

John Moret
clock 08 July 2024 • 4 min read
Trustpilot