PB Show: Contract schemes 'likely to be given fiduciary duty'

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Contract-based defined contribution (DC) providers are likely to be given a fiduciary duty similar to that of trustees, Punter Southall principal Alan Morahan says.

Morahan told the Pensions and Benefits Show 2013 that he "can see the argument" for requiring contract providers protect members' interests through investment. Responding to a question regarding...

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