Fiduciary management tendering could cut fees by 20% - CMA

James Phillips
clock • 2 min read

Tendering for fiduciary management has led to fees being reduced by between 19% and 22%, latest analysis by the Competition and Markets Authority (CMA) finds.

Based on a sample of 258 schemes, those which undertook tenders for a fiduciary manager, and then chose their existing investment consultant saw fees 19% lower than those who did not run a tender e...

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

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

PPI: The opportunity for joint working to improve retirement outcomes

PPI: The opportunity for joint working to improve retirement outcomes

Mariana Garcia Requejo says greater alignment will be integral to creating a coherent decumulation market

Mariana Garcia Requejo
clock 20 May 2025 • 4 min read
How TPR is using regulatory intervention reports

How TPR is using regulatory intervention reports

Chris Edwards-Earl takes a look at the RIR for the MGN Pension Scheme

Chris Edwards-Earl
clock 16 May 2025 • 3 min read
Government launches LGPS consultation proposing reforms to improve fairness

Government launches LGPS consultation proposing reforms to improve fairness

Government says reforms will bring ‘fairness’ and ‘equality’ to workers in the LGPS

Martin Richmond
clock 15 May 2025 • 6 min read
Trustpilot