PIMFA and BWC Benchmarking to develop member benchmarking proposition

The Personal Investment Management & Financial Advice Association (PIMFA) and BWC Benchmarking have signed an agreement to develop a benchmarking and business insight service for PIMFA member firms.

The initiative will form part of PIMFA’s existing member proposition and is expected to launch later in 2026.

Developed in partnership with BWC, the service will give member firms access to benchmarking insights, peer comparisons, and wider market intelligence.

This aims to support members with strategic planning, business performance, and operational decision making.

BWC, formerly Compeer, is a benchmarking and business intelligence provider for the wealth management and financial advice sector.

The agreement looks to bring together BWC’s benchmarking capabilities and sector data with PIMFA’s reach, member engagement, and policy and regulatory understanding.

"Access to high-quality data, peer comparison and market insight is becoming increasingly important for firms operating in a competitive and fast-changing environment,” said PIMFA director of government relations and policy, David Ostojitsch.

“By combining BWC's trusted benchmarking capabilities with PIMFA's understanding of the sector, our member community and our engagement with policymakers and regulators, we have an opportunity to create something that delivers real value for firms.

"This initiative represents another important enhancement to the PIMFA member proposition and demonstrates our ongoing commitment to ensuring members receive practical support, relevant insight and tangible benefits from their membership.

“We look forward to working closely with James and the BWC team, and with our members, over the coming months as we develop and launch the service."

BWC Benchmarking CEO, James Brown, added: "Through this collaboration, we look forward to working with PIMFA and its members to develop a valuable new service that supports firms across the sector and contributes to a stronger understanding of the wider market.

“This agreement will widen our reach as we establish ourselves as the trusted data provider to the UK wealth management industry."

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