Fiduciary duties must be radically overhauled to move away from the "myth" trustees' sole duty is to maximise returns for scheme members, a report says.
The study, by FairPensions, said the fiduciary concept must be legally clarified to take into account wider factors affecting outcomes, such as systemic and extra-financial risks like environmental, social...
The Pensions Administration Standards Association's Margaret Snowdon won the coveted Pensions Woman of the Year award. She tells Stephanie Baxter about lessons she has learned along the way.
Defined benefit (DB) schemes are set to shorn themselves of over £300bn of liabilities between 2019 and 2021 as they continue to mature, Mercer predicts.
This week's top stories include the Competition and Markets Authority issuing its final report for the investigation into investment consultants, and The Pensions Regulator launching its first fraud prosecution.
Many investment portfolios that rely heavily on stock-bond diversification to manage risks may not be protected against inflation surprises. Real assets offer a solution.