Gina Miller slams FCA’s silence on Mifid II breaches
The Financial Conduct Authority has been lauded for requiring managers to demonstrate value for money but Gina Miller has come down hard on the regulator for failing to toughen up on firms violating Mifid II cost disclosure rules.
Household spending and business investment slows over Q2
Household spending and business investment in the UK remained under pressure during the second quarter, igniting concerns over the economy’s slowdown.
Upbeat asset and wealth managers behind the times on AI
Asset and wealth managers are more upbeat about their prospects than other sectors of the financial services industry, but are lagging others technologically according to the CBI/PwC Financial Services Survey.
Global ETF assets growth not dragged down by regulation
Global ETF AUM is expected to climb to $7 trillion by 2021 facilitated by steady growth in the North American, European and Asian markets, a new PwC survey shows.
PA ANALYSIS: Fund managers should be remunerated not rewarded
A report from PwC suggests that pay and rations will change dramatically as our industry – and the pressures on it – continue to evolve.