Orbis hails trio of underperforming funds as value for money due to fee structure
”In our view, the industry’s fee model is just not fit for purpose’
Regulation
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Ian Cornwall: The complications of meeting FCA requirements during lockdown
Pimfa’s director of regulation is feeding through member questions about Covid-19 to the regulator
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Coronavirus weekly round-up: Optimism of flattening the curve in Europe but cases still rising in the UK
Six investors mull the events shaping portfolios over the past week
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Financial ombudsman asks FCA for extra £38m to fund levy
30% of the Fos’s income to come from levy, up from 15% the year before
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FCA relaxing 10% rule does not mean advisers can shirk duty to clients
Regular contact remains vital to prevent clients feeling investment manager has failed them
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Andy Bell says coronavirus makes 10% rule like flagging a leaking shower on the Titanic
Financial Conduct Authority relaxes the Mifid II measure until 1 October
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FCA told to avoid appeasing ‘beta jockeys’ with short-selling ban
‘We now hear this whinging from long-only managers when they have lost their clients a lot of money’
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FCA fines adviser over unsuitable £112m pension transfers
Lloyd Pope failed to fully understand the products customers were investing in via their Sipp
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BoE helps money markets as outlook for some funds turns negative
Fitch warns parts of the money market funds universe are looking vulnerable to outflows and volatility
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FCA forced to quash market shutdown rumours after calls to delay trading updates
Weekend update from the regulator urged companies to dial down updates amid coronavirus uncertainty
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LCF trustee ordered to pay £150,000
‘The sight of a trustee clinging to office is unattractive’ the judge told the high court
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Will there be fewer retail funds in the UK post Brexit?
A significant number are European domiciled and passporting is due to end in December
