Investment consultants market investigation
Five fiduciary management questions for trustees
As schemes face additional hurdles to appoint fiduciary managers, Paul Wharton outlines the key considerations for all trustees in the process.
The fiduciary evaluators: KPMG's Greg Wright
In the fourth of a series of interviews with fiduciary evaluators, Margie Lindsay speaks to KPMG’s Greg Wright about why he sees the evaluator role as critical in selection and monitoring processes
Exclusive: IC Select launches service to measure impact and quality of investment advice
IC Select has launched an oversight service to empower trustees to challenge the quality and success of their investment advisers.
Investments: the poor cousin
Trustees need to increase their focus on investments and demand more from their advisers, argues Donny Hay.
IC Select's Peter Dorward - fiduciary management a 'marriage not a date'
In the third of a series of interviews with fiduciary evaluators, Margie Lindsay speaks to IC Select’s Peter Dorward about his firm’s approach to fiduciary assessment.
The fiduciary evaluators: Hymans Robertson's Mark Baker
In the second of a series of interviews with fiduciary evaluators, Margie Lindsay speaks to Hymans Robertson's Mark Baker about his firm’s approach to fiduciary assessment.
Exclusive: EY launches fiduciary manager selection dashboard
EY has launched a digital dashboard allowing trustees to more easily narrow the field of potential fiduciary managers before a tender process.
The past, present and future of fiduciary management fees
As the CMA’s remedies for the fiduciary management market bed in, schemes should be thinking more about how fees are structured, says David Hickey
The fiduciary evaluators: Barnett Waddingham's Peter Daniels
In the first of a series of interviews with fiduciary evaluators, Margie Lindsay speaks to Barnett Waddingham’s Peter Daniels about how his team assesses fiduciary managers and the challenges for the industry going forward.
How schemes should be acting after CMA review
As pension schemes grapple with new fiduciary management and investment consulting rules, Charlotte Moore asks what trustees need to do
Industry generally positive over TPR guidance on investment governance
As The Pensions Regulator’s consultation on investment governance guidance closes, Holly Roach looks at the industry’s response.
Standalone funds not always subject to CMA tender rules
Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.
Remember, remember the 10th of December…
Trustees risk leaving their scheme ungovernable if they do not get in place strategic objectives for investment advisers, warns John Paterson.
Hymans Robertson calls for clarification over impact of CMA order on LGPS funds
Local Government Pension Scheme (LGPS) funds must set investment objectives after the competition watchdog expanded those caught by its market investigation, but more clarity is needed, Hymans Robertson has said.
CMA takes final step in reform of investment consultants and fiduciary managers
The Competition and Markets Authority (CMA) has issued a legally-binding order in a bid to help pension trustees make better decisions for the £1.6trn of retirement assets they oversee.
Five stories you may have missed this week
This week's top stories included warnings that defined benefit (DB) transfers could become more difficult for trustees to process after regulatory register changes.
Government announces plan to press ahead with CMA reforms
The government will proceed with a range of changes to the investment consultant and fiduciary management markets as recommended by a major competition review.
CMA issues draft order on remedies from market review
The Competition and Markets Authority (CMA) has taken its first steps towards imposing a suite of remedies for the investment consulting and fiduciary management markets.
Exclusive: KPMG launches ratings for fiduciary managers
KPMG has introduced ratings for fiduciary management products and managers, mirroring its current approach with other investment manager funds.
XPS Pensions: Trustees must 'wake up and smell the coffee' after CMA review
Some investment consultants and fiduciary managers may be misrepresenting the conclusions of a major market competition review to clients, XPS Pensions says.
Here's to a happy (but quieter) New Year
As a hectic 2018 draws to an end, Jonathan Stapleton wishes readers a quieter 2019.
Market welcomes 'real teeth' in 'thorough' CMA final report
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.
UPDATED: CMA issues final report; Schemes must invite three firms in fiduciary management tender
Tenders for first-time fiduciary management mandates will be mandatory, must be conducted on a closed basis, and will apply to any mandate for over 20% of a scheme's assets, the Competition and Markets Authority (CMA) has confirmed.
BMO expands business with fiduciary management offering
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".
