Buck Consultants has raised concern over conflicts of interest at fiduciary managers after research found three in ten mandates (29%) were awarded to existing advisers without a competitive tendering exercise.
The charge cap on defined contribution (DC) default funds risks incentivising short-term trading, the Law Commission has warned.
Natasha Browne looks at the commission's report on fiduciary duty
Trustees must distinguish between financial and non-financial factors when thinking about ethical and environmental, social and governance issues (ESG), the Law Commission says.
Keith Ambachtsheer talks to Helen Morrissey about the need for scale
The Merchant Navy Officers Pension Fund (MNOPF) is winding up its investment committee as part of an overhaul of its governance structure.
The Pirelli Common Investment Fund (Pirelli CIF) has appointed Buck Global Investment Advisors (BGIA) to monitor and evaluate its fiduciary management arrangements.
KPMG Investment Advisory has appointed Anthony Webb as an executive investment consultant and head of fiduciary management research.
Allianz Global Investors is putting together a team to enter the UK fiduciary management market.