CMA reveals scope of investment consultancy probe
The Competition and Markets Authority has (CMA) set out the coverage of its "thorough and independent" investigation of investment consultants and fiduciary managers, and what action it could decide to take.
It comes after the Financial Conduct Authority's (FCA) final decision last week to refer the industry to the CMA for an in-depth market probe following concerns over competition and conflicts of interest....
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As the Covid-19 outbreak brings new threats from scams, it is important the message to members about avoiding knee-jerk reactions isn't lost in the panic, says David Fairs.
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Time for better scam protection in law
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