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BRIEF-UK's CMA launches market investigation into investment consultancy and fiduciary management services‍​
September 14, 2017 / 8:45 AM / 11 days ago

BRIEF-UK's CMA launches market investigation into investment consultancy and fiduciary management services‍​

Sept 14 (Reuters) - UK’s Competition and Markets Authority:

* FOLLOWING A REFERENCE FROM THE FCA, CMA IS LAUNCHING A MARKET INVESTIGATION INTO INVESTMENT CONSULTANCY AND FIDUCIARY MANAGEMENT SERVICES‍​

* CMA’S INDEPENDENT INVESTIGATION WILL DETERMINE WHETHER THERE ARE ANY ADVERSE EFFECTS ON COMPETITION IN THIS SECTOR

* WILL CONCLUDE THE INVESTIGATION BY MARCH 2019

* WILL SHORTLY APPOINT INDEPENDENT PANEL MEMBERS TO GROUP AND PUBLISH TIMETABLE SETTING OUT A SCHEDULE FOR THE VARIOUS STAGES OF THE INVESTIGATION Source text ID: (bit.ly/2f7BtdW)

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