At the time, as Titley recalled in a radio interview, most of the brokerage business in Canada was controlled by large trust companies «and they were very hard to compete against as an independent broker.» (remonline.com)
According to the most recent government figures, DRET is the eighth largest trust in England. (schoolsweek.co.uk)
Cerulli concludes the appeal of CITs for plan sponsors and fiduciaries is generally a lower expense profile and an improved ability, especially for larger trusts, to create unique investment funds that address the needs of real plan participants in a more refined way then retail target - date funds, for example. (planadviser.com)