20/03/2012
Asset owners don’t have the confidence to impose their views on advisors, said trustee of the £32 billion Universities Superannuation Scheme, Howard Jacobs in a heated plenary with general secretary of the International Trade Union Confederation, Sharan Burrow, and PRI chair, Wolfgang Engshuber.
Click here to read the round-up of Day One of the 2012 CMSF Conference
A cooling-off period would be applied to inter-fund super fund switches and platform trustees would be on the hook for member losses incurred through fraud or theft under proposals contained in a trio of consultation papers released on Wednesday morning.
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