System operational · UK tenders
Awarded
ca21cdda-f226-4e47-9b99-6d01d8b31e9e · award

Survey research to inform a potential investigation into the market for investment advisory and fiduciary management services to institutional investors

COMPETITION AND MARKETS AUTHORITY

Estimated Value

Up to £120,000

Deadline

24 August 2017

Published

19 September 2017

Type

services

SME SuitableLondonGBCall-off from a framework agreementCPV: 79310000
CategoryBusiness & professional

Overview

The Financial Conduct Authority (FCA) recently reported on their Asset Management market study . One of their proposed remedies is to refer the market for investment advisory and fiduciary management services to institutional investors to the CMA for further investigation .

The FCA is considering whether to refer the market to the CMA. Should they decide to do this, the reference is likely to be made during September.

We are considering commissioning survey research with the main customer groups for providers of these services to inform any investigation the CMA conducts into this market. A final decision on whether to do so would be made following an FCA referral, should there be one.

Additional details

The investment advisory market consists of a dozen or so large players, with around 60% of market share being accounted for by the three largest investment consultancy firms , with a tail of smaller consultancies. We would propose to conduct a telephone survey, primarily with pension scheme trustees.

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SponsoredEst. 2010
Gladstone & Co AccountantsTax advisers · East Ham, London

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Buyer Profile

COMPETITION AND MARKETS AUTHORITY
Typepublic body
Total tenders24
Total spend£1,581,799
View buyer profile

Key Dates

Published

19 September 2017

Submission deadline

24 August 2017

Notice type

award

Source

contracts finder

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