Baroness Bowles sets out details of investment trust bill in the Lords
She said the trust sector had lost out on ‘£30bn and counting’ through the ‘glitch’ of cost disclosure rules for investment trusts
Baroness Altmann
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Investment trust cost disclosure bill to be introduced in the House of Lords
Baroness Bowles’s Listed Investment Companies Bill will be heard on 5th September
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Cost disclosure: Treasury to consider streamlining AIFMD
MP Bim Afolami says the government is planning to consult on the issue in the next quarter
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Cost disclosure campaign steps up calls for trusts to be removed from AIFMD
114 co-signatories, including AIC CEO Richard Stone, have backed calls for cost disclosure reform
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Baroness Bowles calls FCA ‘illegal, irrational and inconsistent’ amid AIFMD campaign
Argued against cost disclosure rules for investment companies in reading of second Private Member’s Bill
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Treasury’s cost disclosure promise in Autumn Statement ‘welcome’ but pace of change ‘disappointing’
Baroness Altmann warns that a ‘rapid rate of change’ is required