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INDEPENDENT SELECTION AND MANAGEMENT OF PENSION ADVISERS

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THE MORRIS REVIEW
The Morris Review of the actuarial profession: tough new standards for pension actuaries

 

 

What the experts are saying about pension advisers

Don't just take our word for it - here's what some pension industry experts have been saying about adviser and consultant relationships:

"Governance issues are getting to be very important in the post-Enron environment. A plan sponsor needs to make sure that it exercises due diligence to hire a quality vendor. If the members of a selection committee do not have the expertise to do a thorough job they should obtain expert advice."

Global Finance magazine, summer 2003, quoting a senior US human resource consultant
"The trustees engaged a new pair of eyes to provide specialist advice for the review because it wanted just that - someone who would look at things without preconceptions as to outcome ..."

Pensions manager of a large British plc, reported in Pensions Week magazine, January 2004
"Trustees should arrange for formal assessment of their advisers' performance and any decision-making delegated to them"

Myners Review
 

more quotations

  
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