Improving efficiency could net investors £37.5bn over 30 years

Helen Morrissey
clock • 1 min read

Improving market effectiveness and competition could net investors an extra £37.5bn in returns over 30 years according to Financial Conduct Authority (FCA) interim chief executive Tracey McDermott.

Speaking at the Pensions and Lifetime Savings Association Investment Conference, McDermott quoted the statistic as a warning against complacency. "The asset management sector is clearly a succes...

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