A Financial Conduct Authority (FCA) working group has recommended five institutional cost disclosure templates, although it says these should not be made mandatory.
The board of the Financial Conduct Authority (FCA) has accepted proposals to ditch the term 'value for money' from the final rules relating to the Asset Management Market Study (AMMS).
The investment consultant and fiduciary management market "may not be working well for pension schemes which are not engaged", the Competition and Markets Authority (CMA) has said.
The Competition and Markets Authority (CMA) has published three working papers as part of its probe into investment consultants and fiduciary managers - saying it has no concerns over concentration in these markets.
The time and costs involved in the process of tendering and/or switching a fiduciary manager can be 'considerable' and may make it more difficult for schemes to assess value for money and switch provider.
Asset managers pay out £34m compensation after FCA action on 'closet trackers'; Provider faces enforcement action
Follows criticism in Asset Management Market Study
A policy statement for the first set of remedies outlined in the Financial Conduct Authority (FCA) asset management market study will be released by the end of March.
LCP's Philip Boyle explains why he believes the CMA review will help set the investment consultancy market free.
With fiduciary mandates on the rise and managers in the spotlight after the FCA's asset management study, James Phillips explores what trustees want from them.
Investment advisory firm Fundhouse has made a push for transparency after disclosing how well the funds it advises clients to invest in are performing compared to benchmarks.