KAS Focus on Fiduciary Management: Friend or Foe?

The concept of the Fiduciary Manager can alleviate the Trustee’s workload, through leveraging market knowledge and connections which would be otherwise unavailable, to the benefit of all the scheme members. This should not, however, preclude the Trustees from utilising the expertise at their disposal in identifying potential risk and compliance-related stumbling blocks, independent of the Fiduciary Manager. One way to do this is to enlist the expertise of the scheme’s Custodian Bank in the interest of best scheme governance practice.

Read our KAS Focus on Fiduciary Management here (PDF in new window).