UK financial regulator puts asset management industry on notice – Financial Times

UK financial regulator puts asset management industry on notice – Financial Times

http://ift.tt/2snewUF


Financial Times

UK financial regulator puts asset management industry on notice
Financial Times
It wants an all-in fee for retail investors that includes an estimate of trading costs; tougher regulation of investment consultants; fund boards to have two independent members; and a ban on risk-free “box profits” or income generated by managers when …
‘FCA has hit the nuclear button’: Industry responds to asset management final reportInvestment Week
FCA to Reign in £7 Trillion Asset Management Industry in the UKFinance Magnates

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