Hints and tips:
...forces to sue Fox Corp and its board of directors in September for breach of fiduciary duty....
...A year later, then secretary of state Hillary Clinton appointed him the US economic envoy to Northern Ireland....
...The trustees have a fiduciary duty to act in the interests of scheme members....
...Trustees who have already appointed a fiduciary manager without a competitive process must put the service out to tender within five years, the CMA has ruled....
...A common option is to take the decision out of the sole hands of the family by placing an art collection in trust, with a collector’s wishes built into the agreement in law and trustees appointed not only...
...The institute has also overhauled its code of conduct to make it easier for beneficiaries to switch the trustees appointed to manage their assets....
...The Competition and Markets Authority looked at whether some of Britain’s largest investment consultants — including Willis Towers Watson and Aon — should be forced to split off their consultancy and fiduciary...
...Mr de Blasio and comptroller Scott Stringer will submit a “joint resolution to pension fund trustees” to begin the process of divesting....
...On Wednesday, a Massachusetts pension fund that holds shares in Wynn Resorts filed a lawsuit against the company’s board and Mr Wynn for breaching their fiduciary duties....
...His gift was a seal of approval for the museum director Franklin Sirmans, former curator of contemporary art at the Los Angeles County Museum of Art, who was appointed to Pamm in September 2015....
...He adapts a rule with which investment trustees will be familiar: that a fiduciary (or a president entrusted to manage a nation’s resources) must not profit from her position without the say-so of the investors...
...Many trustees were ousted and contracts with external consultants wound down. “Not everyone was delighted, let’s put it that way....
...This has taken lucrative fee revenues away from fund managers, who are concerned that fiduciary mandates are not being appointed in an open, competitive process....
...At a private equity conference years ago, I sat beside a couple of trustees from a small pension fund....
...“The fundamental fiduciary responsibility for pension scheme trustees is to be able to pay the pensions that are due,” said Mr Weston....
...Subramanium, who spent a month immersed at the shrine, accused the erstwhile royals of a “large-scale breach of moral and fiduciary duties” to Lord Padmanabha....
...He joins from LawDeb Pension Trustees where he advised pension trustee boards on governance and investment issues....
...However, the Company wants to respond definitively and it is the Board’s fiduciary duty to address these allegations with an unrestricted thorough and independent review, through the Independent Committee...
...Trustees may decide collecting asset class returns from equities, bonds and property is good enough when those returns are reasonably reliable....
...In 1968 he was appointed lord-lieutenant – the Queen’s representative – of Staffordshire, the county in which Stoke is situated, and was England’s longest-serving lord-lieutenant by the time he retired from...
...There are fiduciary managers who undertake no fiduciary responsibility. There are lifestyle funds that take no account of their customers’ lifestyles. And then there are “professional trustees”....
...The rest is explaining the risks to trustees and what scenarios they might encounter....
...But the case has survived two rounds of appeal – despite independent trustees having negotiated the fees on behalf of investors, despite investors having approved the fees, and despite the fact that investors...
...● Mark Homer has left Capita Fiduciary to join PS Independent Trustees, part of Punter Southall Group. ● Hendrik van Riel has joined ESG-research and indices company ECPI as executive chairman....
...● AllenbridgeEPIC Investment Advisers has appointed Keith Bray and Jim Tennant to its investment panel, which offers advice to trustees, investment committees, pension managers and scheme sponsors....
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