Stephanie Baxter says the IC Select performance standard is an important step towards greater transparency, but wonders if it goes far enough
While the fiduciary management market has grown by around 25% year on year since 2013, it has also attracted regulatory scrutiny - there have long been concerns that selection procedures lack transparency...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.