Consolidation is ongoing in the pensions advisory world, with no signs of abating. Jonathan Stapleton asks whether now will be seen as the high point for pensions consulting.
The total number of mandates in the market rose 10% in the 12 months to June 2019 despite ongoing challenges stemming from the Competition and Markets Authority investigation into fiduciary management markets, KPMG finds.
KPMG has confirmed it has entered into exclusive talks with Exponent Private Equity to sell its pensions advisory unit.
Professional Pensions' expert Brexit Advisory Panel discusses the key considerations for schemes ahead of the UK's potential exit from the European Union
Cardano has been appointed as fiduciary manager to six further schemes, contributing £1.5bn to its total assets under management.
Fiduciary management is increasing in popularity among larger schemes seeking to overcome governance hurdles, KPMG says.
Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.
In this webinar, panellists discuss some of the key questions around defined benefit consolidation, including what it is trying to achieve and the suitability of various models.
Here they are - the winners of the UK Pensions Awards 2019...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.