Fiduciary Duties Bill in Parliament: A Private Member's Bill, the Investment Management (Fiduciary Duties) Bill has had its first reading in the Commons. The Bill aims to place a fiduciary duty on investment managers to "act in the best interests of investors, including pension savers, in a transparent and accountable way". The Bill is due its second reading on 28 February, at which time the full text should be available. (Source: Fiduciary Duties Bill in Parliament)