The long-awaited FCA Asset Management Market Study Final Report landed last week and I, for one, welcome it, writes Martin Gilbert, chief executive of Aberdeen Asset Management.
The asset management industry now needs to take its medicine without complaint to support financial advisers to help achieve the best outcomes for their clients. Our industry is still mired in complexity and the regulator's recommendations go some way to addressing this. Editor's View: The FCA's not-so-final Final Report We need to make improvements to help investors better understand what they are buying and the costs they will incur. I support the idea of all-in fees as it is important investors know how much they are paying to be invested in a particular fund. Introducing ...
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