All Conflicts of interest articles
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NewsTPR to prosecute former owner of Norton Motorcycles
The Pensions Regulator has announced its intent to prosecute the former owner of Norton Motorcycles for illegally investing money into the business from three pensions schemes of which he was the sole trustee.
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NewsSarah Smart appointed permanent chair at the Pensions Regulator
On the go: The Department for Work and Pensions has confirmed the appointment of Sarah Smart as permanent chair of the Pensions Regulator.
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NewsSarah Smart endorsed as TPR chair despite conflict of interest concerns
The Work and Pensions Committee has given its assent to the appointment of Sarah Smart as the next chair of the Pensions Regulator, putting aside concerns about potential conflicts of interest.
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NewsMPs quiz prospective TPR chair over conflicts of interest
The Work and Pensions Committee has questioned the leading candidate to take over as chair of the Pensions Regulator regarding potential conflicts of interest.
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News
2021 could see ‘gold rush’ in DB transfers after 50% drop in 2020
After member interest in transferring out of defined benefit schemes dropped by 50 per cent during the first lockdown, transfer values have recovered and 2021 could even see a “gold rush” in activity.
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Features
Professional trustees: ‘quis custodiet ipsos custodes?’
Analysis: With consolidation now the name of the game in the small world of pensions, trustee conflicts of interest could harm millions of pension scheme members’ prospects, as schemes eye superfunds and master trusts with vast sums at stake in fees.
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News
CMA: Fiduciary management not overly concentrated
Neither the investment consultancy or fiduciary management industries show signs of excessive concentration, the Competition and Markets Authority has found, but the vertical integration of the ‘big three’ firms could distort the market in future.
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News
PwC probed on Carillion fees and conflicts
MPs have grilled PwC partners on fees and the safeguards the accountancy firm put in place to prevent conflicts of interest arising from its various roles regarding collapsed contractor Carillion.
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NewsWatchdog referral looms for investment consulting industry
Industry-led proposals to minimise conflicts of interest in investment consulting have been rejected by the Financial Conduct Authority, bringing firms a step closer to investigation by the Competition and Markets Authority.
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Opinion
How do trustees choose the 'right' consultant?
The Financial Conduct Authority’s final report on the asset management market revealed that the investment consulting sector has not escaped the watchdog’s scrutiny, but pinning down criteria for a good consultant is not easy.
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OpinionHow to ensure your consultants are not conflicted
Trustees are required to seek specialist advice when running their scheme and in doing so, conflicts of interest are likely to arise.
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News
FCA wants to strengthen duty on managers and consultants
About £109bn of investor assets is held by managers who charge high fees but do not offer significant variation from an index-tracking strategy, the Financial Conduct Authority’s interim report on competition in the asset management market has found.
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OpinionHow can schemes ensure they get impartial advice?
Although not exclusively, most pension scheme trustees are still lay trustees. They rely heavily on their advisers when it comes to fundamental decisions about their schemes, particularly investments.