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You may be concerned about reports of market turbulence as a result of the Russia-Ukraine conflict and how this might affect the value of your pension savings. Find out more

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Eloise Henderson
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M: 07741 384460
E: media@bandce.co.uk

Blaise Tapp
Media Relations Manager
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Darren Philp, Director of Policy and Market Engagement at The People’s Pension has commented on fiduciary management in a piece for Pensions Insight.

Fiduciary management is where a pension scheme’s trustees outsource the management of their scheme, or part of their scheme, to a third party.

Discussing DB funds, Darren said:

“fiduciary management can have a role to play when trustees are grappling with difficult decisions.”

In these DB schemes there is a “real relationship between the employer and the trust,” and because the trust is dependent on contributions from the employer, the employer is taking on some of the investment risk.

-ENDS-