In the Margins
The Financial Conduct Authority should consider enhanced governance and a “health warning” on fees as part of its market study into the U.K. money management industry. It also wants enhanced fund governance processes, with “demonstrably robust mechanisms for the definition, consideration and reporting of how funds deliver in the best interests of clients to enable governance bodies, advisers and investors to better assess and compare value.” Read the original story from Pensions & Investments.
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