Competition and Markets Authority
IC Select's Peter Dorward - fiduciary management a 'marriage not a date'
In the third of a series of interviews with fiduciary evaluators, Margie Lindsay speaks to IC Select’s Peter Dorward about his firm’s approach to fiduciary assessment.
Buck launches DB investment governance service
Buck has launched an investment governance service which aims to help defined benefit (DB) schemes prepare for their endgame.
KPMG in talks to sell pensions unit to private equity house
KPMG has confirmed it has entered into exclusive talks with Exponent Private Equity to sell its pensions advisory unit.
Exclusive: EY launches fiduciary manager selection dashboard
EY has launched a digital dashboard allowing trustees to more easily narrow the field of potential fiduciary managers before a tender process.
The past, present and future of fiduciary management fees
As the CMA’s remedies for the fiduciary management market bed in, schemes should be thinking more about how fees are structured, says David Hickey
The fiduciary evaluators: Barnett Waddingham's Peter Daniels
In the first of a series of interviews with fiduciary evaluators, Margie Lindsay speaks to Barnett Waddingham’s Peter Daniels about how his team assesses fiduciary managers and the challenges for the industry going forward.
How schemes should be acting after CMA review
As pension schemes grapple with new fiduciary management and investment consulting rules, Charlotte Moore asks what trustees need to do
Industry generally positive over TPR guidance on investment governance
As The Pensions Regulator’s consultation on investment governance guidance closes, Holly Roach looks at the industry’s response.
Standalone funds not always subject to CMA tender rules
Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.
Remember, remember the 10th of December…
Trustees risk leaving their scheme ungovernable if they do not get in place strategic objectives for investment advisers, warns John Paterson.
GSAM's David Curtis: The CMA got its review 100% right
In the last part of this Q&A series, PP speaks to GSAM's head of UK & Ireland institutional client business, David Curtis, about his views on the CMA's review into the investment consultant and fiduciary management markets, and the results of our joint...
Hymans Robertson calls for clarification over impact of CMA order on LGPS funds
Local Government Pension Scheme (LGPS) funds must set investment objectives after the competition watchdog expanded those caught by its market investigation, but more clarity is needed, Hymans Robertson has said.
CMA takes final step in reform of investment consultants and fiduciary managers
The Competition and Markets Authority (CMA) has issued a legally-binding order in a bid to help pension trustees make better decisions for the £1.6trn of retirement assets they oversee.
'Big four' must split audit and consultancy work, says CMA
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
CBC Pension Services' Michael Clark: What trustees think of the CMA review
PP speaks to CBC Pension Services' Michael Clark about his views on the CMA's review into the investment consultant and fiduciary management markets.
Punter Southall Governance Services' Wayne Phelan: What trustees think of the CMA review
PP speaks to Punter Southall Governance Services' Wayne Phelan about his views on the CMA's review into the investment consultant and fiduciary management markets.
Dalriada Trustees' Hugh Nolan: What trustees think of the CMA review
PP speaks to Dalriada Trustees' Hugh Nolan about his views on the CMA's review into the investment consultant and fiduciary management markets.
BESTrustees' Heather McGuire: What trustees think of the CMA review
PP speaks to BESTrustees director Heather McGuire about her views on the CMA's review into the investment consultant and fiduciary management markets.
Five stories you may have missed this week
This week's top stories included warnings that defined benefit (DB) transfers could become more difficult for trustees to process after regulatory register changes.
Government consults on abolishing FRC after Kingman review
The government has launched a consultation on scrapping the Financial Reporting Council (FRC) following two separate reviews.
Government announces plan to press ahead with CMA reforms
The government will proceed with a range of changes to the investment consultant and fiduciary management markets as recommended by a major competition review.
CMA issues draft order on remedies from market review
The Competition and Markets Authority (CMA) has taken its first steps towards imposing a suite of remedies for the investment consulting and fiduciary management markets.
Exclusive: KPMG launches ratings for fiduciary managers
KPMG has introduced ratings for fiduciary management products and managers, mirroring its current approach with other investment manager funds.
XPS Pensions: Trustees must 'wake up and smell the coffee' after CMA review
Some investment consultants and fiduciary managers may be misrepresenting the conclusions of a major market competition review to clients, XPS Pensions says.
