'Big three' continue to resist CMA's fiduciary management tender evidence

James Phillips
clock • 2 min read

Aon, Mercer and Willis Towers Watson have renewed criticism of the Competition and Markets Authority (CMA) over its analysis of the benefits of tendering for fiduciary management contracts.

The investment consultants and fiduciary managers - often considered the ‘big three' - have rejected the competition watchdog's latest findings, published last month, that conducting a competitive ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Government rejects Waspi compensation again after review

Government rejects Waspi compensation again after review

DWP says creation of compensation scheme would be ‘highly impractical’ and ‘time-consuming’

Martin Richmond
clock 29 January 2026 • 3 min read
Lords committee calls on government to rethink IHT reforms

Lords committee calls on government to rethink IHT reforms

Warns IHT on pensions will place ‘huge burden’ on personal reps

Isabel Baxter
clock 28 January 2026 • 3 min read
Revolutionising pensions - everything everywhere all at once?

Revolutionising pensions - everything everywhere all at once?

Helen Ball looks at balancing today’s pensions issues with tomorrow’s bigger picture

Helen Ball
clock 12 January 2026 • 5 min read
Trustpilot