Peter Dorward, IC Select, Managing Director commented: “At the core of our work is our research programme which provides detailed analysis of fiduciary managers and investment consultants and the significant differences between them. As such, we are continuing to see demand for this research from those Trustees seeking the highest level of governance in the selection and oversight of their fiduciary manager or investment consultant. Continuing to invest in the highest calibre of individuals to join our team is essential to maintain the quality of our research, whilst also dealing with increasing client demand.”

Carole Ryden added: “I am delighted to have joined IC Select, an organisation that stands out for their research led approach to the oversight and selection of fiduciary managers. IC Select’s unique independent positioning in this sector and their detailed and practical approach to due diligence research of fiduciary managers is impressive. I am looking forward to helping trustees make the right decisions when it comes to enhancing investment governance of their scheme assets.”


For further information please contact:

Roger Brown, Founder and Director
0131 221 6505

IC Select, Forth House, 28 Rutland Square, Edinburgh EH1 2BW
Tel: 0131 221 6505, Fax: 0131 221 6506.

Notes to Editors:

IC Select specialises in helping pension funds select, monitor and review investment consultants and fiduciary managers. The firm’s assessment capabilities leverage on its unique positioning:

– wholly independent

– free of conflicts

– research led

– focused on assessment from an investors’ and investment perspective

IC Select is a wholly independent organisation and is placed in a unique position amongst third party evaluation firms. IC Select is the only firm that is able to conduct in depth research of both the advisory and delegated investment services of the major investment consultants, as well as other fiduciary management providers. By not competing with these firms, IC Select has unparelled access to detailed information not available to other third party evaluators.

As a result, Trustees can be more confident in the quality of their investment decisions and are able to enhance their scheme governance.

Carole Ryden – Biography Carole is a Fellow of the Institute and Faculty of Actuaries with a wealth of experience working in the fields of pensions, investment, insurance and academia. She trained and worked as an actuary at a large actuarial and pensions consultancy in London. On moving to Edinburgh, she has gained experience in investment management, working with a major fund manager, and, latterly, she worked in the area of financial risk management in the life assurance arm of a large banking group. She is a member of the Council of the Institute and Faculty of Actuaries and the deputy leader of the Scottish Board of Actuaries. She graduated in Pure Mathematics from Leeds University and in addition to heractuarial qualification she holds the Prince 2 project management qualification.

Carole will be working on the firm’s core research, as well as with both existing and future clients. She is a Fellow of the Institute and Faculty of Actuaries (IFoA) and an active member of their governing body the IFoA Council. As deputy leader of the Scottish Board of Actuaries she has become involved with the Actuarial Research Centre and has a special interest in tailoring research to bring actuarial expertise to wider businesses’ needs. Carole brings a wealth of experience having worked in the fields of pensions, investment, insurance and academia.