Transparency and anti-Brexit campaigner Gina Miller is planning to sue the FCA over its approach to MiFID II, claiming the regulator is not taking a firm enough approach to ensure asset managers comply with the new rules.
Accordingto Financial News, Miller claims the Financial Conduct Authority (FCA) is creating an "anti-competitive market" by allowing some of the largest asset managers to get away with non-compliance with...
Almost all listed asset managers have now signed up to the transparency code that launched 12 months ago to help local government funds get better cost data, writes Stephanie Baxter
This week's top stories include MPs questioning the regulator's leadership in a letter to the watchdog's chairman, and FTSE 100 schemes post accounting surplus for first time in decade.
While the majority of UK's largest pension funds have taken action on climate change, parliament says there are still some that are failing to manage their schemes responsibly.
Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.