The Financial Conduct Authority (FCA) has taken its first steps in addressing potential consumer harm arising from pricing complexity and a lack of transparency in direct-to-consumer (D2C) investment platforms, as part of a proposed package of remedies addressing competition issues in the space.
In the interim report following its 2017 Investment Platforms Market Study, the FCA said it had found low levels of satisfaction levels on price competition among users of D2C platforms. FCA finds conflicts...
Formerly managed by Bill Gross at Janus Henderson
Opportunity in high yield laggards
Industry Voice: Is uncertainty creating a buying opportunity for active managers or is the UK at risk of becoming a zombie nation due to flagging fundamentals?
Will remain as president