TITLE

FCA needs to bang heads together and stop this endless disclosure argument

AUTHOR(S)
CICUTTI, NIC
PUB. DATE
September 2015
SOURCE
Money Marketing;9/24/2015, Issue 1502, p36
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the author's views on the need that the Great Britain Financial Conduct Authority (FCA) to introduce solutions that allows consumers to make reasonable assumptions in relation to charges with respect to drawdown products. Topics discussed includes transaction charges for investment funds, need to create a new structure for fund disclosure and annual management charges.
ACCESSION #
110361993

 

Related Articles

  • FCA consults on AIFMD funds under management definition. Jackson, Gary // Money Marketing;2/24/2014, p7 

    The article reports on the British Financial Conduct Authority's implementation of a consultation that defines funds under management for the Alternative Investment Fund Managers Directive (AIFMD). The definition is cited to be used in the calculation of how much money asset managers need to...

  • Landbanking victims to get partial refund. Milner, Leah // Mortgage Strategy (Online Edition);1/14/2020, p1 

    The article reports that the Victims of several land banking schemes are set to receive a fraction of their money back after the Financial Conduct Authority (FCA) recovered some of the lost funds. It mentions that FCA has obtained the Great Britain High Court's approval to return to qualifying...

  • FCA reveals terms of £900bn unit-linked funds review. Holt, Natalie // Fundweb;7/10/2013, p21 

    The article reports on the statement of chief executive Martin Wheatley of the Financial Conduct Authority (FCA) concerning key issues to address to the thematic review of the £900 billion unit-linked fund sector. Wheatley stressed the importance of the unit-linked sector during a conference...

  • FCA allows pre-RDR DFM 'kickbacks' but bans new payments for top-ups. Holt, Natalie // Fundweb;7/4/2013, p14 

    The article reports on the decision of the Financial Conduct Authority (FCA) to allow kickback referral payments to advisers from discretionary fund managers (DFMs) prior to the implementation of the Retail Distribution Review (RDR) in Great Britain. The proposal of FCA to ban post-RDR DFM...

  • Henderson and Bellpenny to end £27m fund deal. Norman, Tessa // Money Marketing (Online Edition);8/22/2014, p1 

    The article reports that the Avellemy fund, set up by Henderson Global Investors Ltd. in 2012, to be distributed by Bellpenny advisers is to close after it did not attract sufficient inflows. Henderson says that the fund will be terminated on September 19, 2014 and the Financial Conduct...

  • In case you missed it.  // Fund Strategy;Dec2016/Jan2017, p6 

    The article reports that Financial Conduct Authority, a financial regulatory body in Great Britain, found that high charges in actively managed funds are not justified by higher returns on average, as of December 2016. It reports that a interim Asset Management Market Study by FCA found weak...

  • Transact: Regulator wrong again on cash rebates. Macdonald, Sam // Fundweb;4/26/2013, p4 

    The article reports that according to Transact chief executive Ian Taylor, the decision made by the British Financial Conduct Authority (FCA) to allow de minimis cash rebates of one pound could be an admission that the cash rebate ban is a mistake. Taylor said that all mutual funds do not...

  • The fight for platform market share. Watt, Gregor // Money Marketing (Online Edition);5/23/2013, p25 

    The article reports that a flurry of activity from platforms and fund managers eager to try and stake their claims to be the best positioned businesses has been prompted by platform paper from the British Financial Conduct Authority (FCA). According to Alliance Trust Savings managing director...

  • FCA gives more details on thematic review into fund charges. Yarker, Jon // Fundweb;8/15/2013, p4 

    The article reports that the Financial Conduct Authority of Great Britain (FCA) has provided information on its thematic review of fund charges. FCA will write to 11 asset management companies to enquire about their fund charges and how prices are broken down. Daniel Godfrey, chief executive...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics