FCA backs away from fund charge cap in competition study - report
Results due in Q4
The Financial Conduct Authority (FCA) is understood to have been steered away from introducing a cap on fund charges as part of its probe into value in the sector, according to The Sunday Times.
The paper reports the regulator was expected to examine placing a ceiling on annual charges, and forcing fund managers to be more transparent on fees, as part of its Asset Management Market Study. However,...
More on Regulation
Back to Top
