Caroline Escott

The CMA's latest working paper finds trustees are very likely to choose their existing investment consultant for a fiduciary management mandate without third-party advice, James Phillips reports

The industry has welcomed the Competition and Markets Authority's (CMA's) working paper on the information available to trustees on the fees and quality of investment consultants and fiduciary managers.

The Pensions and Lifetime Savings Association (PLSA) has urged the Financial Conduct Authority (FCA) to refer the investment consulting market for a competition investigation.

The Personal Investment Management & Financial Advice Association's (PIMFA) senior policy adviser Caroline Escott has left the newly merged trade body to join the Pensions and Lifetime Savings Association (PLSA) as defined benefit and investment policy...