asset management

Asset managers will face a duty to act in the best interests of investors under plans unveiled by the Financial Conduct Authority (FCA) today.

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 Transparency Task Force (TTF) has launched a team to highlight what it recognises as "progressive" active managers (PAMs), who drive good practice in the industry.

The Financial Conduct Authority's (FCA) final report on its asset management study has been dubbed a turning point for cost transparency, but some have warned its actions are lacking.

Legal & General Investment Management (LGIM) has signed up to the code of transparency created for the Local Government Pension Scheme (LGPS), bringing the total number of signatories to five.

Baillie Gifford and Montanaro are the first asset managers to sign up to a new transparency code to help the Local Government Pension Scheme (LGPS) get a better handle on investment costs.

The investment platform market is undergoing an upheaval with Willis Towers Watson entering the marketplace. Stephanie Baxter expects an industry-wide shake-up that could lead to more innovative solutions for DB schemes.

The Investment Association (IA) has revealed its proposed code to standardise cost disclosure across collective funds, segregated mandates, and institutional investors.

If industry-led initiatives to tackle cost transparency do not stand up to scrutiny the FCA will look to regulate.