Rethinking fiduciary duty
Stuart O’Brien gives his views on whether or not it is time to rethink the definition of fiduciary duty, in an article in Pensions Expert. Most experts are of the view that a written clarification, rather than a wholesale re-write, is needed, to reassure trustees. Stuart O’Brien concludes: “We don’t need to change the core dynamics. But perhaps we need to be more broad minded when we think about what we consider a relevant factor.”
You can read the full article in Pensions Expert, here.