FCA warns on firms’ readiness for consumer duty – Ignites Europe
The UK financial regulator has warned that some market participants may not be ready for the upcoming consumer duty rules, … Continue reading FCA warns on firms’ readiness for consumer duty – Ignites Europe
Inducement ban could boost retail ETF investment, says EU commissioner – Ignites Europe
The EU’s financial services chief has said an EU-wide ban on inducements could enable greater retail investment in exchange traded … Continue reading Inducement ban could boost retail ETF investment, says EU commissioner – Ignites Europe
Cost of Ucits funds for retail investors continues ‘slow’ decline: Esma – Ignites Europe
The cost of Ucits funds for retail investors has continued its steady decline, according to an annual update by the … Continue reading Cost of Ucits funds for retail investors continues ‘slow’ decline: Esma – Ignites Europe
First Sentier absorbs £95,000 in costs with fee cap change – Ignites Europe
First Sentier Investors will absorb more third-party expenses that were previously charged to investors in its UK fund range in … Continue reading First Sentier absorbs £95,000 in costs with fee cap change – Ignites Europe
UK’s cheapest ACD ditches fixed fee model – Ignites Europe
The UK’s cheapest authorised corporate director has tweaked its fee structure, signalling wider trends about regulatory costs facing the industry. … Continue reading UK’s cheapest ACD ditches fixed fee model – Ignites Europe
EU inducement ban would be ‘disservice’ to investors, warns MEP – Ignites Europe
An influential member of the European Parliament has issued a stark warning against banning sales commissions to financial advisers, as … Continue reading EU inducement ban would be ‘disservice’ to investors, warns MEP – Ignites Europe
Brussels considers UK-style value for money legislation – Ignites Europe
The European Commission is considering requiring asset managers to prepare ongoing value for money assessments of their funds, Ignites Europe has learned. … Continue reading Brussels considers UK-style value for money legislation – Ignites Europe
HSBC underwhelms with tiered fees – Ignites Europe
‘…Fitz estimates that HSBC’s tiered management fee would represent a 3.6 per cent cut to the firm’s revenues across its … Continue reading HSBC underwhelms with tiered fees – Ignites Europe
BlackRock to introduce tiered fees to UK range – Ignites Europe
BlackRock will introduce tiered fees to its UK-domiciled fund range as the UK regulator pressures asset managers to pass on … Continue reading BlackRock to introduce tiered fees to UK range – Ignites Europe
MEP pours cold water on proposal to ban inducements – Ignites Europe
“…Last week members of the European Parliament’s economic and monetary affairs committee proposed an outright ban for investment firms to … Continue reading MEP pours cold water on proposal to ban inducements – Ignites Europe