Trustees are increasingly delegating investment decisions to third parties, according to an Aon Hewitt survey.
Painting and decorating supplier Brewers has appointed SEI as fiduciary manager to its two defined benefit schemes with combined assets of £108m.
Around one in four investors currently not using a fiduciary manager may appoint one in the next year, Russell Investments says.
One in five independent trustees would appoint their scheme's incumbent adviser as a fiduciary manager without an open selection process, research finds.
Labour has put forward a series of amendments to the Financial Services Bill to strengthen stewardship practices in the UK.
Controlling funding level volatility is the biggest concern for UK schemes in the coming year, according to research carried out by a fiduciary manager.
The Jaguar Pension Plan has awarded the delegated consulting mandate for its £2bn fund to Towers Watson.
Professional Pensions is set to begin its first ever fiduciary manager and implemented consulting survey at the end of this month.
A leading Labour MP will today call for a reinterpretation of fiduciary duty and dismiss the government's plans to give shareholders a binding vote on executive pay.