Chris Sier, the fees campaigner who led a Financial Conduct Authority project to set new transparency standards for asset managers in the UK, has more than trebled the clients signed up to his new venture aimed at implementing the initiative.

ClearGlass, which Sier founded in November last year as a service for pension schemes, runs cost-transparency checks on its asset managers in line with the FCA’s templates. From seven pension schemes at launch, it now has a client roster of 30, the company said in an update on April 17.