Consumer Panel calls for single fund charge in damning report
The Financial Services Consumer Panel (FSCP) is calling on the regulator to implement "radical, structural reform" of how fund managers charge investors, in a damning report on the problem of "cost opacity and control" in the industry.
The FSCP, which represents the interests of consumers in the development of financial services policy, wants the Financial Conduct Authority (FCA) to force fund managers to distil the amount investors...
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