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​UK asset-management industry alerted to potential competition remedies

By Simon Zekaria ( March 1, 2018, 15:27 GMT | Insight) -- Investment consultants and fiduciary managers could be forced to use templates for client tenders and improve their fee information, to remedy competition concerns in the UK asset-management industry. In an update on the progress of its antitrust market inquiry, the Competition and Markets Authority said customers aren't well able to judge whether services are “value for money."Investment consultants and fiduciary managers could be forced to use templates for client tenders and improve their fee information, to remedy competition concerns in the UK asset-management industry....

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