The Financial Conduct Authority (FCA) has written to fund managers to outline the “key risks of harm” that their businesses pose to their customers.
In a letter seen by PA's sister title Investment Week, the FCA has detailed a list of key risks including Authorised Corporate Director (ACD) conflicts of interest, liquidity mismatches and poor governance....
In relation to 151 bonds
Kept details private
More than 4,500 retail investors affected
After failing to turn up to hearing twice
Winning back consumer confidence
Fees 0.1% per annum or £20 per month
Square Mile's series of informal interviews
Percival on DB suitability
First trading loss in five years