Category Archives: Press & Release

SCM Direct Statement In Response to the FCA Publication Setting Out Next Steps to Improve Competition in the UK’s asset management Industry

SCM Direct Statement In Response to the FCA Publication Setting Out Next Steps to Improve Competition in the UK’s asset management Industry SCM Direct Statement In Response to the FCA Publication Setting Out Next Steps to Improve Competition in the … Continue reading

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Gina Miller slams FCA’s silence on Mifid II breaches

The Financial Conduct Authority has been lauded for requiring managers to demonstrate value for money but Gina Miller has come down hard on the regulator for failing to toughen up on firms violating Mifid II cost disclosure rules. Gina Miller … Continue reading

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Gina Miller critical of City watchdog’s new rules to shake up the asset management industry

The Financial Conduct Authority (FCA) has today announced a set of new rules for fund managers, to help reduce costs for end investors and improve transparency. Gina Miller critical of City watchdog’s new rules to shake up the asset management … Continue reading

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UK asset managers told to show they offer value for money

LONDON (Reuters) – Asset managers must assess each year how much value for money they offer investors, Britain’s markets watchdog said on Thursday, stopping short of tougher measures called for by critics of the 8 trillion pound ($11 trillion) sector. … Continue reading

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Feature: True and fair

Gina Miller’s True and Fair campaign has put cost transparency under close scrutiny. She talks to Viewpoint about what that means for pension schemes. Feature: True and fair (Pensions and Lifetime Savings Association – External Link)

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In Business – The Transparency Detectives – @bbcradio4

Many fees and charges in the investment industry – which, among other things, manages vast pension fund wealth – have been hidden for decades. In Business – The Transparency Detectives – @bbcradio4 (BBC Radio 4 – External Link)

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SCM Direct/True and Fair Campaign Response to the FCA Consultation Paper (CP17/18)

SCM Direct/True and Fair Campaign Response to the FCA Consultation Paper (CP17/18) – Implementing Asset Management Market Study Remedies and Changes to Handbook SCM Direct/True and Fair Campaign Response to the FCA Consultation Paper (CP17/18) (PRESS RELEASE)

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Call for action over ‘scandalous’ charity costs after warning for breast cancer helpline

Campaigner Gina Miller says it is “scandalous” that a breast cancer charity spent 2.8% of donations on direct support in 2015. Call for action over ‘scandalous’ charity costs after warning for breast cancer helpline (Sky News – External Link)

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Breast cancer helpline founder paid herself £31,000

A national breast cancer charity is being investigated after its founder paid herself £31,000, in breach of charity law. Breast cancer helpline founder paid herself £31,000 (BBC News – External Link)

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Trustee says she was ‘morally right’ to pay herself £31,000

The founding trustee of a breast cancer charity warned by the Charity Commission after she was paid £31,000 says she was ‘morally right’ to accept payment for her work on the charity’s helpline. Trustee says she was ‘morally right’ to … Continue reading

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