US - The US Government is to update the definition of "fiduciary" to cover any person who provides investment advice to plans for a fee.
Fiduciary management has recently hit the mainstream for UK pension funds. Laura Blows looks at how this market is developing
The trustee of the £460m Cookson Group Pension Plan has appointed BlackRock as fiduciary manager.
The trustee of the Merchant Navy Officers Pension Fund has selected Towers Watson as the delegated chief investment officer for its £3bn pension fund.
The Macmillan Cancer Support pension scheme has appointed Mn Services as its fiduciary manager, to advise the trustees on their investment strategy.
Two pension funds of cleaning and hygiene products company, Jeyes, have appointed SEI as their fiduciary manager.
GLOBAL - The use of fiduciary overlays will differentiate successful institutional asset managers from their competitors over the next three years, a new report has predicted.
The trustees of the £40m British Horseracing Authority pension scheme have appointed Mercer to provide implemented consulting services.
The DZ Bank London Branch Pension Plan has appointed Gatemore Capital Management to provide it with a dedicated chief investment officer service.