Fiduciary management

In this week's Pensions Buzz, we want to know whether you believe defined benefit (DB) 'superfund' consolidators will take off, and if there will be further consolidation of local government pension scheme pools.

Stephanie Baxter says the IC Select performance standard is an important step towards greater transparency, but wonders if it goes far enough

IC Select has appointed Donny Hay as a director as it seeks to develop its business further alongside a new disclosure standard.

A ground-breaking disclosure standard to help trustees compare fiduciary managers in the selection process has been unveiled, putting an end to three years of talks.

The time and costs involved in the process of tendering and/or switching a fiduciary manager can be 'considerable' and may make it more difficult for schemes to assess value for money and switch provider.

The CMA's latest working paper finds trustees are very likely to choose their existing investment consultant for a fiduciary management mandate without third-party advice, James Phillips reports

The industry has welcomed the Competition and Markets Authority's (CMA's) working paper on the information available to trustees on the fees and quality of investment consultants and fiduciary managers.

The Competition and Markets Authority (CMA) has released a working paper detailing its analysis around the information available to trustees on the fees and quality of investment consultants and fiduciary managers.

Muse Advisory has appointed Chris Fagan as associate director to expand its governance team and help grow its UK advisory offerings.

The proportion of schemes using independent advisers to appoint a fiduciary manager has risen to 60%, according to KPMG's 2017 survey.