Endgame inertia may pose a greater risk than market volatility for well-funded schemes
Deal is latest in a line of substantial UK scheme outsourcing deals
Majority of FMs met or exceeded targets in 2025, Barnett Waddingham finds
XPS Group said schemes must ensure ‘robust oversight’ when selecting a fiduciary manager
Move enables scheme trustees to strengthen investment governance
Mandate follows competitive selection process run by Dalriada and QinetiQ
Asset manager’s hire follows strategic investment review by the scheme’s trustees
XPS finds proportion of schemes with independent fiduciary oversight remains ‘stubbornly’ low
Samora Stephenson says FM was dynamic in name but remained disciplined in practice
Just 21% of fiduciary managers were rated ‘green’ in 2025, down from 38% last year