FCA turns screw on investment intermediaries

The UK's Financial Conduct Authority (FCA) has listed a
number of concerns about the investment consulting market, as the
regulator intensifies its focus on intermediaries.
In a wide-ranging report on the asset management community, the
FCA said the issues included the potential for conflicts of
interest and the dominant position of the three largest investment
consultants, Marsh's Mercer, Willis Towers Watson and Aon
Hewitt.
The FCA has called upon the UK's Treasury to consider
bringing investm