Turbulent markets damaged fiduciary managers’ ability to achieve client-specific objectives, says Isio, with none meeting the target.
With the 9 June deadline approaching for retendering fiduciary management services, Donny Hay says it is important that trustees spend the maximum time to achieve the best outcomes.
More than a third of defined benefit (DB) pension schemes are running “worryingly close to the deadline” to comply with the Competition and Market Authority’s (CMA) retendering order, according to Hymans Robertson.
The Department for Work and Pensions (DWP) has delayed further a consultation response and final regulations to enact requirements relating to investment consultants.
Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).
Just over one-third (36%) of schemes retendering for full fiduciary management services are switching providers, latest analysis by Isio reveals.
With under three-quarters of a year left for retendering exercises to be completed, capacity issues could arise and reduce choice, writes James Phillips.
IC Select has launched a three-tiered solution to help trustees required to retender for their fiduciary management provider by 10 June next year.
Joel Hartley looks at the key questions that trustees should be asking their fiduciary managers to ensure they are getting quality service.