The Financial Conduct Authority (FCA) is expected to ramp up its regulatory scrutiny of fund buy lists, following the gating of the Woodford Equity Income fund, with the backing of the Treasury Select Committee.
FCA chief executive Andrew Bailey and its chair Charles Randell faced a grilling from the committee over the regulator's handling of the fund's gating at a hearing on Monday, which saw Hargreaves Lansdown's...
Manager cites liquidity risk for changes
Industry compensation scheme refuses to cover it
No-deal Brexit will cause 'a tremendous shock on the UK economy'
‘If our people are the best they can be, then so is our service’
Asset managers must make changes