More than three quarters of respondents said trustees should always run a competitive tendering exercise before appointing a fiduciary manager.
Just one in 12 people surveyed said such an exercise was not necessary. "All external appointments should be by competitive tender," said one commentator. "But competitive tender doesn't mean the cheapest...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.