Fresh off a recent sweep exam, the Securities and Exchange Commission is warning pension consultants about potential conflicts of interest.

The SEC's Office of Compliance Inspections and Examinations indicated in its "Staff Report Concerning Examinations of Select Pension Consultants," released in Washington on Monday after a 12-month investigation at 24 pension consultants registered with the SEC as investment advisers, that more than half of the pension consultants or their affiliates provided products and services to both pension plan advisory clients and to money managers and mutual funds on an ongoing basis.

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