Financial Conduct Authority's regulation 'lacks coherent vision'

‘It does feel like the wind has been in our faces over the past few months’

Isabel Baxter
clock • 2 min read

The Financial Conduct Authority’s (FCA) regulation ‘lacks a coherent vision’, delegates heard.

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 ...

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