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

Pensions dashboards: Sixty million records, one missing number

Pensions dashboards: Sixty million records, one missing number

Archie Pritchett says there are still no agreed definitions for member-side outcomes

Archie Pritchett
clock 03 September 2026 • 3 min read
Endgame inertia will 'sap value' from schemes

Endgame inertia will 'sap value' from schemes

Hymans Robertson says endgame decisions can be ‘daunting’, but inaction brings problems

Holly Roach
clock 03 September 2026 • 3 min read
Paul Maynard – Divining Andy Burnham's position on pensions

Paul Maynard – Divining Andy Burnham's position on pensions

The former pensions minister looks at the forces shaping government policy on pensions

Paul Maynard
clock 02 September 2026 • 5 min read
Trustpilot