The Pensions Regulator (TPR) is to get new powers over trustees following the Government’s response to the publication of a report by the chair of the Competition and markets Authority.

The Competition and Markets Authority (CMA) has said loyal consumers are being “exploited” by firms.

The Competition and Markets Authority is proposing a raft of reforms to the pensions investment consultancy and fiduciary management sector after identifying substantial concerns about lack of competition.

The Chartered Institute for Securities & Investment has expanded its global reach by opening its first African office, in Nairobi, Kenya.