TPR updates fiduciary manager selection guidance

From October, the regulator will take over monitoring compliance from the CMA

Holly Roach
clock • 2 min read
TPR updates fiduciary manager selection guidance

The Pensions Regulator (TPR) has updated its guidance on the tender process for fiduciary management services and trustees setting objectives for their investment consultants.

In 2019, the regulator published guidance detailing how schemes that use fiduciary managers should run a competitive tender process when appointing a manager. Trustees have been legally required...

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