Financial Conduct Authority (FCA) technical specialist Rory Percival has said too many regulatory requirements concerning what charges need to be disclosed on investment and savings products make it difficult for advisers to compare costs.
The Financial Services Consumer Panel has said the Financial Conduct Authority (FCA) should consider making fund groups overhaul charging structures in a "radical" change to standard industry practice.
Mario Mantrisi, chief strategy and research officer at data management group KNEIP, explains how MiFID II could eventually price advisers out of the market, while investors could end up paying more for managers with sophisticated research capabilities....
The Financial Conduct Authority (FCA) is in "active discussions" with one asset manager on client redress after a review of fund managers' use of dealing commissions found widespread failings.
The passing of the revised Markets in Financial Instruments Directive (MiFID II) into law has made it compulsory for UK investment firms to disclose the total cost of their investments to their clients.
Fund launches reached a decade low last year as groups held back new products in the face of market volatility.