New push to cut out jargon
Thursday 07 Feb 2019 Author: Ian Conway
The Financial Conduct Authority (FCA), a regulator, has published its second set of rules for asset managers to improve the quality of information they give to consumers and cut out the jargon. The new rules set out how fund managers should describe clearly the objectives and investment policies of each fund they offer. In particular they should explain whether a fund uses a certain benchmark and why, and if...