More than one in three schemes that use a fiduciary manager has no formal process to review their relationship according to an annual survey from Buck Consultants at Xerox.
The survey, carried out by Spence Johnson for Buck Consultants at Xerox, suggested some schemes were taking more of a "set and forget" approach, which could lead to significant problems down the line....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point