Doubts competitive tender process means quality FMs

A large majority of the industry say their schemes have not secured better contracts

Hope William-Smith
clock • 2 min read
Doubts competitive tender process means quality FMs

Rules requiring a competitive tender process to be carried out when appointing a fiduciary manager have not resulted in the majority of schemes feeling they have secured better quality providers, PP finds.

This week's Pensions Buzz poll asked the industry whether the rules had led to better quality appointments, with only 3% agreeing they had. The rules - which followed on from the Competition 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

A fundamental shift in engagement with deferred members

A fundamental shift in engagement with deferred members

Katie Stone says schemes are beginning to actively engage with deferred members

Katie Stone
clock 08 June 2026 • 6 min read
Good News Corner: Rothesay Foundation pledges £1.8m to benefit boost campaign

Good News Corner: Rothesay Foundation pledges £1.8m to benefit boost campaign

Service designed to make it easier for older people to access financial support

Jonathan Stapleton
clock 05 June 2026 • 3 min read
PP Investment Awards 2025... Leadenhall Capital Partners

PP Investment Awards 2025... Leadenhall Capital Partners

Leadenhall Capital Partners was named Insurance Linked Securities Manager of the Year at the 2025 awards

Holly Roach
clock 05 June 2026 • 6 min read
Trustpilot