Is investment consultancy too powerful and uncompetitive?

As the CMA gathers evidence for its investigation into investment consultants and fiduciary managers, Stephanie Baxter asks if there is a systemic problem in the industry
The Financial Conduct Authority's referral of investment consultants and fiduciary managers for investigation by the Competition and Markets Authority (CMA) in September shook the industry. The CMA...
More on Law and Regulation
Sammons Salary Survey 2020: Confidence over career moves growing
As Sammons Pensions Recruitment publishes its 2020 Salary Survey, Sarah Bergin-McCarthy finds the current climate is not hampering regrowth.
DWP confirms general levy hike from April; Option one chosen
The Department for Work and Pensions (DWP) has confirmed that it will increase the general levy pension rates from April 2021 in line with its preferred option.
Chris Sier fintech ClearGlass Analytics closes £2.6m seed funding round
ClearGlass Analytics has closed a £2.6m funding round as it delivers greater accountability to pension funds and the wider asset management market.
Royal London pension sales feel Covid bite
Life and pensions new business sales at Royal London were 20% lower in 2020 due to the impact of national lockdowns on the UK economy.
Five stories you may have missed this week
This week’s top stories included the chancellor’s freezing of the lifetime allowance in the Spring Budget, along with the industry’s unfavourable response to the move.