Latest articles from Richard Dowell

Why fiduciary management needs total transparency

Richard Dowell

From the blog: The Competition and Markets Authority has taken a few small steps, but one giant leap is needed to improve outcomes for UK pension funds.

The CMA’s provisional decision report proposed much-needed remedies to the UK’s investment consulting and fiduciary management industry, and were a clear step in the right direction.

There is, however, an opportunity for the CMA to make a bigger impact and help the industry take a giant leap forward.

Recommendations to introduce compulsory tendering, fiduciary management performance standards and enhanced trustee guidance have certainly made the industry sit up and think.

With a few tweaks to the proposals, the positive impact of the remedies should be widely felt.

CMA investigation: Prepare for positive change

Richard Dowell

Cardano’s Richard Dowell talks through what we have learned so far from the Competition and Markets Authority’s investigation into investment consultancy and fiduciary management services.