Fiduciary management

Trustees should focus on the operational processes of fiduciary managers in the initial stages of selecting a provider, says Aon Hewitt.

Sion Cole looks at the different ways schemes can use fiduciary managers.

Trustees of the £127m Sappi UK defined benefit (DB) scheme have appointed SEI to act as fiduciary manager to its entire portfolio.

More than three quarters of respondents said trustees should always run a competitive tendering exercise before appointing a fiduciary manager.

In this week's Buzz, respondents turned their attention to the regulator, the state pension and fiduciary management.

Exactly half of Buzz respondents believe the proportion of assets in fully delegated fiduciary management mandates will increase over the next few years.

A panel of trustees and providers discuss how and why schemes can use fiduciary managers

JLT Employee Benefits' (JLT EB) fiduciary management offering has secured £1.75bn of assets under management across more than 60 mandates in its first year.

Twenty questions to help trustees understand what they will be paying for

It is vital that trustees understand what will be required of them when entering in to fiduciary management arrangements, says Aon Hewitt.