consultant

The proportion of schemes that retender for investment consultancy fell to 4.3% in the first half of 2013, IC Select says.

Broadstone Corporate Benefits has acquired Blythwood Group subject to Financial Conduct Authority (FCA) approval.

The majority of respondents to this week's Buzz want the ban on consultancy charging in auto-enrolment (AE) schemes to be extended to cover all defined contribution (DC) schemes.

This week respondents support the Office of Fair Trading’s decision not to refer the DC market, but call for a cap on charges, and question the value of investment consultants

Just under half of this week's contributors said investment consultants added no value when picking managers, while a quarter defended their worth.

Investment consultants' recommendations are not driven by past performance, add no value to investors yet significantly impact inflows, academic research on the US market finds.

Peter Davies has joined AllenbridgeEpic Investment Advisers as a senior adviser, bringing with him more than 30 years of experience in investment management.

Consultants "love" diversified growth funds (DGFs) because they are complicated and difficult to compare, Spence Johnson director Nils Johnson says.

Pensions minister Steve Webb yesterday laid draft regulations before Parliament which will ban consultancy charging (CC) on auto-enrolment (AE) when they come into effect.

The majority of Buzz respondents said providers should not accept new business based on consultancy charging, although one in four said they should continue right down to the wire.