Competition in the asset management market—the FCA’s interim findings

Table of contents

• Original news
• Why did the FCA launch a market study into asset management?
• What were the main interim findings? What issues did the FCA’s study discover?
• What factors drive investment choice?
• What role does switching play?
• How is this relevant to pension schemes?
• What role do investment consultants play?
• What remedies has the FCA proposed to deal with the issues raised?
• What are the next steps?

Article summary

Pensions analysis: The Financial Conduct Authority (FCA) has issued a report with its interim findings on how well competition is working in the asset management market. Maralyn Thomas, director at Castle Pension Trustees, looks at the report.