Thursday 05 April 2018
Chris Cummings, Chief Executive of The Investment Association:
“We welcome the FCA’s announcement today on the latest steps in implementing the Asset Management Market Study.
“Our industry is committed to demonstrating, and delivering, good value to the millions of people who entrust their savings to us. We welcome the FCA recognising that people judge their asset manager by investment performance and service, as well as cost.
“We strongly support a greater emphasis on communication as well as governance to help customers better understand what they are investing in, what they are paying for and what they are getting in return.
“The IA is already working with the FCA in these important areas and looks forward to continuing this in the coming months.”
Notes to Editors:
For the FCA's annoucement: FCA sets out next steps to improve competition in the UK’s asset management industry
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