Image:
Donny Hay: Some disallow any internal product recommendations but this isn't always a perfect solution
For defined benefit (DB) trustees, one common conflict of interest arises when investment advisers recommend their own investment products.
Whether the adviser is a fiduciary manager or an investment consultant, they stand to earn more in fees by recommending their own products. This creates an obvious conflict of interest - between th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
