AIC: Cost disclosure breakthrough does not apply to VCTs
The AIC was ‘disappointed’ to learn draft legislation exempting trusts from cost disclosure requirements does not include VCTs
Richard Stone
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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
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‘A tentative start’: Bank of England cuts interest rates to 5%
MPC voted 5-4 in favour of a 25bps cut
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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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Investment trusts set year-record for mergers by June
Previous record set in 2021 with five mergers
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AIC calls on Treasury to urgently address investment trust cost disclosure issue
CEO Richard Stone says current disclosure rules are ‘hamstringing demand’ for the trust sector
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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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The ‘gruffalo’ in the room?: FCA releases interim measures to protect trusts from cost disclosure regulation
Regulators acknowledges that requirements ‘may not result in representative cost information being published’ for investment companies
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Autumn Statement 2023: Chancellor extends sunset clause for VCTs
Schemes extended to 2035
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Square Mile adds investment trusts to Academy of Funds
The fund research house has given ratings to 18 closed-ended funds
