IPE posted an interesting article discussing our recent findings concerning the decline of UK scheme retendering for investment consultants. To read the full article, please click here.
Pensions Expert has recently released an interesting article discussing our most recent findings about the rate of investment consultant retenders. To read the full article click here.
Professional Pensions has released an article looking at our recent findings and what this could mean.
To read the full article click here.
A survey, completed by IC Select, has found that 48% of investment consultants do not have a professional qualification. The survey covered 505 investment consultants, 323 of these were lead investment consultants and 188 were investment consultants acting in a support role. Amongst the lead consultants, 39% had no professional qualification with 60% of those in support roles currently unqualified.
The number of pension funds retendering their investment consultant services fell sharply in 2010 from a high of 5.2% of funds in 2009 to 3.5% last year, according to a survey by IC Select. This fall followed three years of steady increases in the number of funds retendering investment consultant services.