Move aims to double the number of £25bn+ megafunds, boost investment and improve returns for savers
Comes after PE-backer HSQ flagged Kingswood growth concerns
Will pay £200 to individuals over complaint response delays
Feedback deadline set at 31 July
Research finds regulation has ‘reinforced’ not changed behaviour
71% of them now turning to social media and finfluencers
Advice improves willingness to take risk, M&G finds
Ministers met on Tuesday to discuss crackdown
To cut down on policy changes