Financial Conduct Authority's regulation 'lacks coherent vision'

Speaking at the Morningstar Investment Conference today (1 May), a panel hosted by Morningstar director of investment stewardship research Lindsey Stewart discussed the regulatory outlook. "There is a long way to go when it comes to regulation and it will be painful to get there," said panellist Morningstar director of policy research Andy Pettit. "It is moving more to a focus on helping people invest," he added. "This a positive direction of travel." Personal Investment Management & Financial Advice Association (PIMFA) director of government relations and policy David Ostojitsch was ...