The Financial Conduct Authority (FCA) has confirmed investment company shares will not be automatically considered "complex" under MIFID II.
In its third consultation paper on the Markets in Financial Instruments Directive II (MiFID II) the FCA said investment trusts will neither be considered automatically non-complex, nor automatically complex....
Clients to be compensated by end of 2018
Rolled out to 25 schemes next month
Mean gender pay gap now 16.64%
26 years in financial services
Some 150 claims still to process