King’s Speech: Pensions reform and economic growth take centre stage
While Keir Starmer’s government will plan to introduce a Budget Responsibility Bill
Regulation
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AJ Bell calls on chancellor to introduce ‘One Isa’ product
Merging existing Cash and Stocks and Shares Isas together
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FCA announces overhaul of listing rules in bid to boost UK IPOs
Removes the need for votes on significant or related party transactions
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Investment trust industry calls on Labour to resolve cost disclosure issue
AIC chief executive Richard Stone says resolving the issue of double-counting could be an early win for the new government
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MSCI: Capitalising on the green transition
At a recent conference, panellists covered the role of private capital and how AI is impacting risk and portfolio management
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Labour drops plans to reintroduce lifetime allowance
The party had previously planned to bring back the LTA, which was scrapped in the 2023 Spring Budget
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Asset managers still grappling with communications as anti-greenwashing deadline looms
UKSIF and PwC report flags concerns around SDR definitions, increasing regional divergence and threshold clarity ahead of first deadline
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Ortec Finance: 8% of advisers and wealth managers believe company will not meet Consumer Duty deadline
FCA Consumer Duty compliance deadline 31 July
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Citigroup fined £61.6m over trader inputting error
A trader erroneously created an equity basket worth $444bn, of which $1.4bn made it to market before the order was cancelled
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UKSIF and IA publish guidance for SDR consumer-facing disclosures
Investors should include information such as labels as well as sustainability objectives and metrics
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FCA charges nine finfluencers over unauthorised investment scheme
Defendants will appear in court on 13 June
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‘Back to the Dark Ages’: Industry calls for FCA consultation amid trust test-taking woes
Platforms requiring retail investors to undertake knowledge tests before buying certain trusts is bruising the already-ailing sector
