Fiduciary management

Trustees have an opportunity to consolidate recent progress, says BlackRock’s Sion Cole

Move come as consolidator prepares to conduct first transactions

British Airways Pensions has decommissioned its in-house investment operations, moving all assets to BlackRock as outsourced chief investment officer (OCIO).

Turbulent markets damaged fiduciary managers’ ability to achieve client-specific objectives, says Isio, with none meeting the target.

The £40m WR Swann & Co Limited Retirement Benefits Scheme has appointed Aon to provide fiduciary management services.

Fiduciary managers maintained their investment strategies across 2020 despite high market volatility and some hair-raising losses during the first quarter, XPS Pensions Group research finds.

Schroders has been appointed as fiduciary manager to the Howard de Walden Estates Limited Retirement Benefits Scheme.

The financial impact of fiduciary management (FM) decisions on pension funding positions means funds need a better understanding of how knock-on impacts appear, Barnett Waddingham warns.

This week’s top stories included the launch of a new sole trustee firm, and the grilling of The Pension Regulator’s interim chair over conflict of interest concerns.