Trustees risk leaving their scheme ungovernable if they do not get in place strategic objectives for investment advisers, warns John Paterson.
Investment consultants including the 'big three' have all agreed to participate in discussions to develop a strategy to demonstrate whether they provide value for money to pension fund clients.
Roger Brown suggests four ways trustees can enhance their probability of selecting the right adviser
Donny Hay says a simple section 36 letter could reassure trustees over their fiduciary manager selection.
The newly-launched Fiduciary Management Performance Standard has gained support from the biggest providers of independent evaluation services to pension funds.
The number of pension schemes retendering for investment consulting services has dropped sharply over the last decade, IC Select research reveals.
This week's top stories included IC Select's launch of a fiduciary management performance standard, and the High Court ruling that trustees can recover pension overpayments without a time limit.
IC Select has appointed Donny Hay as a director as it seeks to develop its business further alongside a new disclosure standard.
A ground-breaking disclosure standard to help trustees compare fiduciary managers in the selection process has been unveiled, putting an end to three years of talks.
The half of fiduciary managers that have not yet submitted initial data for the IC Select industry performance standard now face a set deadline of 28 February.