Pension funds are increasingly implementing ETFs as low-cost, transparent tools for accessing new asset classes, according to consultants.
Towers Watson has started recommending its clients invest up to half of their passive assets in fundamental indices.
Advisers who fail to rebalance their client's portfolios regularly could be costing their customer as much as £15,000 in returns, analysis from Towers Perrin suggests.
Consultancy firm Towers Perrin is launching a new fast-track trustee training programme to help companies comply with the new regulations for Trustee Knowledge and Understanding.