The FCA's requirement that all UK open-ended funds have at least two or 25% of independent non-executive directors (iNEDs) on their boards will not "transform the industry" and does not go far enough, experts have warned
With exactly six months left for fund groups to implement the rule, which was one of the many 'remedies' outlined last April by the Financial Conduct Authority (FCA) following its Asset Management Market...
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STM Group has acquired failed self-invested personal pension (SIPP) provider Berkeley Burke’s small self-administered (SSAS) scheme and its international pension businesses in a deal worth almost £3m.
UK equity market has fallen behind the rest of the world
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