A large majority of the pensions industry believes the Financial Conduct Authority (FCA) is right to investigate asset managers and investment consultants.
Some 85% of the 162 respondents to this week's Pensions Buzz backed the watchdog's probe. Respondents said there were too many conflicts and too little transparency in the whole sector. Elsewhere...
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.
Defined benefit (DB) schemes mimicking typical insurer fixed income portfolios are failing to use their greater regulatory freedoms to maximise returns with higher risk, JP Morgan Asset Management says.