The Financial Conduct Authority (FCA) is seeking further industry views on whether to refer the investment consulting market to the Competition and Markets Authority (CMA), with a final decision expected in September.
The potential probe - which would look at the market share of the ‘big three' Aon Hewitt, Mercer and Willis Towers Watson - would be spurred by ‘relatively high and stable market shares for the thr...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date