Monthly Archives: July 2013

12Jul 13

The hidden costs of investing

The hidden costs of investing

To read the full article, please click here.

Posted By: True and Fair, 1:48 pm

11Jul 13

Watchdogs to probe pension funds over hidden investing practices that boost their profits but put savers’ cash at risk

City watchdogs will probe whether pension providers and other asset managers are making ‘super normal’ profits by using savers’ cash in ways that are not fully explained or may carry hidden risks.

To read the full article, please click here.

Posted By: True and Fair, 10:30 pm

10Jul 13

FCA investigation into stock lending

Commenting on the Financial Conduct Authority’s (FCA) announcement that its investigation into the unit-linked funds sector will include the governance and management of funds, including stock-lending and counter-party credit risk, Gina Miller, founder of The True and Fair Campaign and co-founder of SCM Private said:

“We are delighted that the FCA is delivering clear action rather than words in examining whether unit-linked funds are acting in the interest of consumers – particularly when it comes to stock-lending and the transfer of counter-party credit risk to savers.”

Posted By: True and Fair, 12:38 pm