Laura Suter: It's time for investment's jargonauts to surrender

At the start of February, the Financial Conduct Authority (FCA) revealed new guidance as part of its asset management review - a project that seems to have been rolling on longer than the Brexit process. As part of its "further remedies" for the market, the regulator wants asset managers to be clearer on which benchmarks they use and how they pick them, and what the fund is actually setting out to do. In amongst all this, is a call from the regulator for fund managers to make their literature understandable to the average investor. To any observer, this would seem like basic investment 1...