Watchdog cracks down on £7tn investment industry charges

Watchdog cracks down on £7tn investment industry charges

Investors must be quoted an “all-in fee” to make charges more transparent in a shake-up of the investment sector, the City regulator has confirmed. The Financial Conduct Authority (FCA) said that the asset management sector held the savings of millions of people. Yet despite “sustained, high profits” for these firms, … More

Source: Russian Trade Delegation