Only 12 MPs sign FCA fee freeze motion

The signatories include chief sponsor and Labour MP for Mansfield Alan Meale, as well as five other sponsor MPs. The EDM, tabled on 13 October, calls on the government to 'take steps towards demands for a real-term freeze in FCA regulatory fees for a minimum of two years to ensure investors are better able to acquire access to professional financial advice'. It argues the retirement reforms outlined at Budget 2014 and introduced in April this year mean access to affordable advice 'has become increasingly important', but that it could be restricted due to above-inflation regulatory fee...