Fiduciary management

The Law Commission is undertaking a review of how fiduciary duties affect long-term investment activity.

Around half of Buzz respondents agreed that fiduciary responsibilities should continue throughout the investment chain.

A Department for Work and Pensions (DWP) autumn consultation into the future of defined contribution (DC) will consider the place of fiduciary duty, pensions minister Steve Webb says.

Gatemore Capital Management has launched a delegated investment management service for schemes.

The Global Marine Systems (GMS) pension scheme has appointed Aon Hewitt to act as fiduciary manager.

Jack Jones and Taha Lokhandwala explore the possibilities within FM

Respondents were not really persuaded that there was a lack of capacity in the market for advisers on fiduciary management.

Debenhams has cut its defined benefit deficit by more than a half in the last six months as it shifts its investment focus, its half year results show.

The Metroline London Nothern Pension Scheme and Metroline Pension Scheme have appointed SEI to act as fiduciary manager.

Payden & Rygel has appointed Mark Stanley as portfolio director in its London office.