Branch2 Intelligence
Financial regulator to simplify investment disclosure regime
Key takeaway
FCA proposes plain-English investment cost disclosure rules for platforms, advisers, and wealth managers.
- Step 11st-order: FCA proposes plain-English cost disclosure rules for platforms, advisers, and wealth managers.
- Step 22nd-order: Increased transparency drives price competition, reducing platform fees and adviser charges.
- Step 33rd-order: Lower costs boost consumer confidence and investment, increasing assets under management for platforms.
Source: FCA News
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