Pension scheme investment - advisory or delegated?
Trustees of defined benefit pension schemes can make investment decisions, acting on advice. Alternatively they can delegate those decisions to a Fiduciary Manager. It is all around good governance. There are two main questions: "Should we delegate?" and if so, "what and to whom?" Ultimately, the decision depends on the individual scheme and trustees. In our experience, their views can evolve over time. Following a selection exercise, some pension scheme trustees delegate more than they initially thought. Others have pulled back from a high level of delegation.
In this second webcast in our series on UK fiduciary management, we will:
- highlight areas of investment strategy that can be delegated
- provide insight into the areas typically delegated
- discuss the considerations and challenges for trustees to address before making any change
During this live webcast you will have the opportunity to ask questions through the website. Panelists will answer as many questions as time permits.
This program will likely be of particular interest to pension scheme trustees, chief investment officers, finance directors and those providing fiduciary management.
We hope you will be able to join us.
Iain Brown (Partner), Ernst & Young LLP (UK), Pensions Advisory
Matt Mignault, Ernst & Young LLP, Pensions Advisory
Tony Martinez, Ernst & Young LLP, Pensions Advisory