# Fiduciary Management Monitoring

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [General Medical Council \(GMC\)](/buyers/general-medical-council-gmc/contract-awards)
- Contract winner: [Ernst & Young](/contract-winners/ernst-young/public-sector-contract-awards)
- Award value: £200,000
- Tender value: £200,000
- Award date: 16 August 2018
- Published: 2 November 2018
- Contract start: 1 August 2018
- Contract end: 31 July 2021
- Stage: awarded
- Procurement category: services
- Notice ID: 2b6c9cf7-020f-4c14-b2a5-a244444414e8-250240
- OCID: ocds-b5fd17-bfd33716-4239-4c96-8a85-5345cadef0c9

## Description

The Trustees have appointed a Fiduciary Manager\. The trustees set the overall investment strategy \(including the long term risk and return objectives\) and then delegate investment decisions and day-to-day running of the portfolio to their fiduciary manager\. The FM arrangement has been in place since 2013\. The FM monitor will be required to provide a third party evaluation of the Fiduciary Manager\.

## Related contract awards

- [Lay Advocacy Services](/contracts/ocds-b5fd17-59035559-9d4d-4966-a7ad-917d81c2e1a7): General Medical Council \(GMC\)
- [Toxicology Services](/contracts/ocds-b5fd17-63b13d2d-c216-48d6-a3a8-dd3a67306eea): General Medical Council \(GMC\)
- [Primary Source Verification for Overseas Doctors](/contracts/ocds-b5fd17-6fc38c8d-f182-4aa7-a7c9-d9e187a10d41): General Medical Council \(GMC\)
- [C1185 - Specialist Accounting Services](/contracts/ocds-b5fd17-6c4e0d6d-d47f-4475-83fb-33ec5ea12b1a): NATIONAL WEALTH FUND LIMITED
- [Executive Coaching 2026/27](/contracts/ocds-b5fd17-e0f7ca82-1144-41e8-a93d-1839116f14d1): National Audit Office
- [Records Management SMEs 26\+](/contracts/ocds-b5fd17-c0b24a73-bdcd-4a06-98a1-4705c50cdf30): FCA

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/2b6c9cf7-020f-4c14-b2a5-a244444414e8-250240)