FCA shines light on fund benchmark and fee disclosures
Following Asset Management Market Study
Christopher Woolard, FCA executive director of strategy and competition
The Financial Conduct Authority (FCA) has published new rules and guidance on disclosure for asset managers as the regulator aims to "make it easier for investors to choose the best fund" and meet their investment objectives.
The new requirements are the result of the FCA's 2017 Asset Management Market Study (AMMS), which found evidence that fund charges are not always visible to retail investors and, when they were, investors...
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