FCA appoints Sier to chair cost disclosure working group

Sier, who is professor of practice at Newcastle University Business School, is well known for his work on the Local Government Pension Scheme's (LGPS) transparency code, which was launched in June. The regulator previously outlined a range of "remedies" in its final report of its Asset Management Market Study, published in June, including appointing an independent convenor to chair a working group to "see more consistent and standardised disclosure of costs and charges to institutional investors". The working group will comprise a range of industry and investor representatives, and wi...