Consulting firms that have one or more conflicts of interest oversee more than half of pension assets reported to be under the care of pension investment consultants, according to new research.
Diligence Review Corp., a New York-based specialty consulting and research firm, unveils this finding in "U.S. Pension Investment Consultants: A Report for Fiduciaries, Internal Audit and Risk Management Professionals." The January 2013 report discusses findings with respect to pension investment consultants concerning business structures and other business practices that may result in conflicts of interest.
The study's data is derived from the Form ADV FOIA file, dated January 2, 2013, for advisors registered with the U.S. Securities and Exchange Commission as of December 31, 2012.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
