FCA: Under half of 5,380 misconduct cases made since 2021 are resolved
Non-financial misconduct claims are increasing in the financial services industry, yet 57% are not met with action
FCA
-
-
Investment companies will no longer be required to produce KIDs
A draft Statutory Instrument proposed by HM Treasury found EU-inherited cost disclosure rules are ‘not accurate’
-
‘SDR implementation is far more challenging than we ever anticipated’
Fund group representatives share their frustrations at Good Money Week
-
Dynamic Planner’s Chris Jones: Invest like an Olympian
Chief product director says managing risk makes all the difference when you’re aiming for gold in your investment strategy
-
Tavistock to sell two business arms to fund ‘potential future acquisitions’ and buy back shares
Some 30% of shareholders have already voted in favour of the sale to Saltus
-
FCA temporarily exempts investment trusts from PRIIPs regulation in light of cost disclosure issues
Industry praises FCA’s move to amend cost disclosure issues for investment trusts
-
APPG on Investment Fraud and Fairer Financial Services elects new members
Conservative MP Bob Blackman continues as co-chair, joined by Labour’s Sam Rushworth
-
Industry welcomes FCA extension to SDR naming and marketing rules
Firms can have until April 2025 to comply with the rules in ‘exceptional circumstances’
-
Trust cost disclosure bill receives first reading in House of Lords
Following the change of government in July
-
Over 1,200 UK funds facing ‘urgent compliance deadline’ for SDR naming and marketing rules
The 2 December SDR deadline is for funds seeking to utilise sustainability-related terminology in fund name
-
Premier Miton Global Renewables trust drops ‘sustainable’ from investment objective
The trust opted out of the FCA’s new SDR labelling, which looks to combat greenwashing
-
Ex-Barclays Wealth chief executive Kalaris loses appeal against FCA
Kalaris loses appeal to perform senior management duties at firm Saranac