Fiduciary Management Selection Service
The Selection Service is purely research led and involves in-depth due diligence of providers on a six-monthly research cycle. Using both comprehensive due diligence questionnaires and face-to-face meetings, IC Select assesses all aspects of each firm’s service proposition relative to other fiduciary managers covering: 

– Investment approach

– Operational quality and effectiveness

– Profile of the firm

This is a low cost, high value proposition, which delivers an efficient and effective process of selection of fiduciary managers for trustees and independent trustees, underpinned by the highest governance standards.

Peter Dorward, IC Select, Managing Director, said: ” To conduct a selection exercise with the right level of due diligence across providers requires a significant commitment of time and resource from trustees.  Based on our own research work, we would estimate that it takes in excess of 80 hours desk based research plus a number of meetings to complete the due diligence on each fiduciary manager.  This is time that trustees need to spend but simply don’t have the capacity to do so.  Being able to access our due diligence across all providers in an unbundled selection service allows us to complement any pre-existing knowledge and experience of providers and allows trustees to apply resources where they are most cost effectively applied.  Unbundling our service is only the start of a number of new initiatives to help trustees in the assessment of fiduciary managers.”


For further information please contact:

Peter Dorward, Managing 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 

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

IC Select is a wholly independent business and is placed in a unique position amongst third party evaluator firms, as the only organisation that is able to conduct in depth research of both 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 unparelleled access to detailed information not available to other third party evaluators.