![]() |
Pitmans Trustees stated that standardisation of language and reporting amongst asset managers will be vital to the future optimisation of the industry, and better decision making by schemes. |
Richard Butcher, Managing Director at PTL, said: “The asset management industry is not optimal in its current state. One of the reasons for this is that there is no standardisation of language or methodology when it comes to charges or reporting on performance and costs. As a consequence it is almost impossible to compare asset managers or funds, creating an unnecessary barrier to an open and efficient market. “It is often challenging for trustees and governance bodies to get clarity on the costs and structures that exist within investment funds, thereby making it difficult to establish those costs and legal liability. This gets worse as funds become more complex.”
Butcher added: “And whilst an ambition for increased disclosure is worthy, it is pointless unless the disclosure itself is standardised. By increasing standardisation, the market will take great strides to improve efficiency, better governance and better decision making.” |
|
|
|
Calling all BPA analysts! | ||
North West / hybrid 50/50 - Negotiable |
Principal Actuary - Bermuda | ||
Bermuda - Negotiable |
Financial Planning & Analysis Actuary | ||
London/Hybrid - Negotiable |
Apply Your Doctorate to Technical Pri... | ||
Fully remote / nationwide / hybrid working options all available - Negotiable |
Senior Investment Manager | ||
London / hybrid - Negotiable |
P&C Consultant | ||
London / hybrid 3dpw office-based - Negotiable |
Senior Pricing Actuary | ||
London - £140,000 Per Annum |
Actuarial Pensions Manager | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
Financial Reporting in beautiful Bermuda | ||
Bermuda - Negotiable |
Principal Risk Analyst - island adven... | ||
Bermuda - Negotiable |
Make a difference within BPA Administ... | ||
North West / hybrid 50/50 - Negotiable |
GI Provisioning in the Public Sector | ||
London or Edinburgh / hybrid 3 dpw office-based - Negotiable |
Associate Actuary - Risk Transfer Con... | ||
Flex / hybrid 50/50 - Negotiable |
Assumptions Actuary | ||
London/Hybrid - Negotiable |
Senior Actuary | ||
London/Hybrid - Negotiable |
Senior Investment Trainee | ||
London or Edinburgh / hybrid 50/50 - Negotiable |
Pensions Manager | ||
Any UK office / hybrid 2 dpw office-based - Negotiable |
Actuarial Reserving Senior Manager | ||
London / hybrid - Negotiable |
Senior Actuarial Consultant – GMPe | ||
Any UK Office location / Hybrid working - Negotiable |
Senior Life Actuarial Consultant | ||
London / hybrid 3 dpw office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.