Tendering for fiduciary management has led to fees being reduced by between 19% and 22%, latest analysis by the Competition and Markets Authority (CMA) finds.
Based on a sample of 258 schemes, those which undertook tenders for a fiduciary manager, and then chose their existing investment consultant saw fees 19% lower than those who did not run a tender exercise....
Scottish Widows has created a specialist responsible investment team to monitor sustainable activity across its fund range.
Guy Opperman has held onto his role as minister for pensions and financial inclusion after an action-packed cabinet reshuffle yesterday.
LCP says significant numbers of savers want to invest in responsible companies but default funds aren’t keeping up with these changing preferences. Holly Roach reports
Just one in ten employers believe their pension offering has actively embraced ESG investment options, according to research by Howden Employee Benefits & Wellbeing.
As both the APPT and PMI launch accreditation regimes for professional trustees, Henry Tapper asks if you are a Betamax or VHS Trustee?