Insight and Intelligence on the London & International Insurance Markets 24 Jul 2017
FCA turns screw on investment intermediaries
- 11 July 2017
The UK's Financial Conduct Authority (FCA) has listed a number of concerns about the investment consulting market, as the regulator intensifies its focus on intermediaries.
In a wide-ranging report on the asset management community, the FCA said the issues included the potential for conflicts of interest and the dominant position of the three largest investment consultants, MMC's Mercer, Willis Towers Watson and Aon Hewitt.
The FCA has called upon the UK's Treasury to consider bringing investment consultants - which are...
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