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Performance figures not so far apart between rated and unrated products, CMA finds
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
Actively-managed products assessed as ‘buy-rated' by investment consultants outperformed neither their respective benchmarks nor ‘unrated' products "to a statistically significant extent on average" net...
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