CMA report 'pragmatic and realistic' while mandatory tendering 'will bring better value'

James Phillips
clock • 5 min read

Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.

In its provisional decision today (18 July), the Competition and Markets Authority (CMA) found some competition issues in both the investment consulting and fiduciary management markets, and put fo...

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

TPR pledges to cut master trust capital requirements and create innovation 'hub'

TPR pledges to cut master trust capital requirements and create innovation 'hub'

Regulator also looking to reduce regulatory burden and ask for asset allocation info

Jonathan Stapleton
clock 17 March 2025 • 2 min read
Legal interpretation argues trustees can take broader view of fiduciary duty

Legal interpretation argues trustees can take broader view of fiduciary duty

Eversheds Sutherlands and NatWest Cushon say it is ‘reasonable’ for trustees to take cost of living factors into account

Jonathan Stapleton
clock 06 March 2025 • 3 min read
FCA private markets review raises valuation concerns

FCA private markets review raises valuation concerns

Regulator calls for improvements across several areas in process

Laura Miller
clock 05 March 2025 • 4 min read
Trustpilot