TPR consultation on draft trustee guides – CMA investment consultants remedies: PLSA response

In December 2018, the CMA proposed a series of remedies for the supply- and demand-side of the market for investment consultancy and fiduciary management services. One remedy was for TPR to produce guidance for schemes on tendering for fiduciary management services as well as on setting strategic objectives for investment consultants. TPR issued a consultation seeking views on its draft guidance, to which the PLSA responded.