Mn Services has announced that it is to partner the Pension Management Institute's (PMI) Fiduciary Management Specialist Industry Sector (SIS).

The fiduciary manager, which originated in the Netherlands, launched into the UK in October 2009, and the agreement is key to fulfilling the PMI's desire to keep members up to date with industry developments.

Remco van Eeuwijk, managing director of Mn Services UK, said the company's experience in fiduciary management stands it in good stead for the deal. "Many UK Pension schemes are trying to get a better understanding of the potential benefits and limitations of fiduciary management as a governance and risk management solution. We understand what fiduciary management can achieve for pension schemes and perhaps even more importantly what it can't. We have been involved in discussions with many UK schemes in the last twelve months; however we are aware that there are many more who would like information than we can reach. In partnering with the PMI we hope we can help them support their members by answering the questions that UK schemes have, which will improve understanding and provide clarity."

PMI chief executive, Vince Linnane, added: "Fiduciary management may not be new but interest in this scheme management approach has increased substantially, recently. It's vital for the PMI to be able to keep members up to date on key industry developments and to 'cut through noise' with clear, concise and comprehensive information that enables our members to make informed decisions and better understand the options that are open to them. We are delighted that Mn Services is joining us as our 'Fiduciary Management SIS partner'; bringing their expertise and experience on both continental European and the UK."

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