“The launch of the Volatility Managed sector is the latest step by the industry to ensure that the IA Sectors continue to evolve alongside market changes and appropriately reflect the advent of more outcome focused products available to investors,” said IA investment and capital markets director Galina Dimitrova.
“We will continue to monitor the sector definitions across the board to ensure that they work in the best interests of consumers and their advisers and appropriately reflect the wide range of funds the industry has to offer.”