Schroders and Aviva Investors CEOs warn of 'unintended consequences' from SMCR

Comes in on 9 December 2019

Tom Eckett
clock • 3 min read

Schroders and Aviva Investors CEOs have warned of the dangers of the Senior Managers and Certification Regime (SMCR), which they said could enhance the hierarchical structure within asset management and lead to decisions being made by senior management who do not have the same specialist knowledge in a particular field as employees in the levels below them.

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