Research Confirms Trustees Held Back By 'Groupthink,' Resulting In Reliance On Investment Consultants

A new study sponsored by SEI’s (NASDAQ: SEIC) Institutional Group, in conjunction with IFF Research and Dr. Iain Clacher, Associate Professor in Accounting at Leeds University, reveals that trustees may be held back by the traditional pension scheme governance model. The study demonstrates that ‘groupthink’ is prevalent on DB scheme trustee boards, which results in over reliance on unaccountable investment consultants and may lead to increased demand on employers.

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The financial services landscape has experienced an unrelenting period of accelerated transformation in recent years that continues to place growing demands upon wealth and asset management firm chief financial officers (CFOs) and finance leaders. You know, for instance, that you need to operationalize your business and innovate


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Spotlight

The financial services landscape has experienced an unrelenting period of accelerated transformation in recent years that continues to place growing demands upon wealth and asset management firm chief financial officers (CFOs) and finance leaders. You know, for instance, that you need to operationalize your business and innovate

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