Supplement: Fiduciary management - A rose by any other name.

Pensions Week, June, 2009

Byline: Gill Wadsworth

The financial services industry has been falling all over itself to aid trustees in their battle to keep up with pension fund governance. As regulation intensifies and complexities deepen, those responsible for overseeing occupational plans have been turning to their investment consultants and fund managers for greater support in every aspect of pension fund management.

Consequently, there has been a surge in firms offering to take on more responsibility for scheme governance, freeing up trustees to focus their limited resources on making high-end strategic decisions. However, while these services aim to alleviate pressures on trustees, the confusing array of labels and terms for the products on offer have started to muddy...

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