Schroders has been appointed as fiduciary manager to the Howard de Walden Estates Limited Retirement Benefits Scheme.
The financial impact of fiduciary management (FM) decisions on pension funding positions means funds need a better understanding of how knock-on impacts appear, Barnett Waddingham warns.
The likelihood of trustees making incorrect decisions when choosing a fiduciary manager due to rudimentary performance metrics remains probable, EY says.
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.