By accepting you will be accessing a service provided by a third-party external to https://ic-select.co.uk/

Professional Pensions Article: Investments and the importance of reporting: Stick or twist?

Good communications is critical in pensions. It’s not just a nice to have and increasing DB trustees are reviewing investment advisers where it is poor.  

Trustees need clear reporting from their investment advisers to meet their scheme's needs, says Donny Hay

Effective communication is said to be the most important of life skills. Sound communication creates understanding, while also building confidence and trust - the basis of any successful relationship. However, it seems that quarterly investment reporting has not really been on top of the agenda for most investment advisers.

 

In any professional environment which is inherently complicated, such as investments, good communication and reporting makes good business sense but too often the importance of reporting is overlooked. It is viewed as a ‘nice' to have but for trustees it is often the difference between sticking with your provider and switching them. We are seeing increasing examples of trustee boards changing their investments advisers principally because of poor communication.

Additional information on this topic is available on request – contact This email address is being protected from spambots. You need JavaScript enabled to view it.. 

Source: https://www.professionalpensions.com/opinion/4021907/investments-importance-reporting-stick-twist

Information Note: CMA Compliance Statements (due b...
Professional Pensions Article: Time ticking to com...
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Wednesday, 02 December 2020