How can asset managers close the generation gap?

The importance of consumer engagement

clock • 4 min read

There are mixed views from the industry on the Financial Conduct Authority's (FCA) final report in to the asset management industry, writes Anna Lane, CEO of The Wisdom Council.

Some commentators see it as a missed opportunity for root and branch reform. Others feel the active funds industry is under siege.  Regardless of which camp you sit in, the FCA has undoubtedly driven home the need to focus on investor outcomes and improve the flow and clarity of information between firms and their retail customers. It is important for the industry to challenge itself in terms of transparency and clearer communication, but this alone is unlikely to build the trust and understanding needed to create a widespread investing culture in the UK. Firms need to learn from bran...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

Trustpilot