86% pick same fiduciary manager but with fees cut

Over half undertake comprehensive retender exercises, with TPE use on the up

James Phillips
clock • 5 min read
Isio head of fiduciary management Paula Champion
Image:

Isio head of fiduciary management Paula Champion

The vast majority of fiduciary management retendering exercises resulted in the same manager appointed, although comprehensive processes led to fee reductions, says Isio.

The firm's annual fiduciary management survey, published today (4 November), revealed that 86% of 582 retender exercises resulted in the incumbent being awarded the contract again. The period co...

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 Investment

GMPF joins secure income property trust

GMPF joins secure income property trust

LGPS fund commits to fund to provide social housing for vulnerable individuals

Martin Richmond
clock 16 July 2024 • 2 min read
Access LGPS pool provides funding for L&G affordable housing strategy

Access LGPS pool provides funding for L&G affordable housing strategy

LGPS pool has provided £125m to manage L&G’s newly-launched strategy

Holly Roach
clock 15 July 2024 • 2 min read
Partner Insight: Powering the future - The strategic role of data centres in the AI evolution in Europe

Partner Insight: Powering the future - The strategic role of data centres in the AI evolution in Europe

Data centre demand is surging, driven primarily by the rapid evolution of AI technologies. In PIMCO’s view, this represents a significant opportunity for investors in European data centres.

Kirill Zavodov, Executive Vice President, Portfolio Manager @ PIMCO
clock 15 July 2024 • 5 min read
Trustpilot