Andrew Bailey, the new chief of the Financial Conduct Authority (FCA), has said there are issues with the structures of open-ended property funds that need to be addressed, following the suspension of the SLI £2.7bn UK Real Estate fund yesterday.
Speaking today in his role as deputy governor for prudential regulation at a Bank of England press conference alongside governor Mark Carney, Bailey (pictured), who has been at the helm of the FCA for...
Kept details private
UK Direct Property sector lost £3.4bn over 2019
More than 4,500 retail investors affected
After failing to turn up to hearing twice
Winning back consumer confidence
To help meet savings goals
Residential care fees are a hot topic at the moment, says Libby Holding, with increasing media coverage of people who have had all of their life savings and assets swallowed up by care fees in their later years...
Adjustment to value of unquoted assets
Regulator outlines adviser expectations for 2020
Dear CEO letter sent today