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Legal Briefing
Pensions clarity guide - Investment Management Agreements
Practice Area: Regulation and Enforcement
Sector: Business services
Jurisdiction: England & Wales
Published: 10 February 2012
Law Firm: Nabarro
Overview
Nabarro's third Clarity Guide looks at the main terms of investment management agreements and highlights the key legal issues for trustees when negotiating them. The briefing outlines how trustees are prohibited from making ‘day to day' investment decisions unless they are appropriately authorised. Few trustees are, so in practice, most trustees delegate their investment decisions to an authorised fund manager.
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© Incisive Media Investments Limited 2012, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093.