Press Updates

29Jun 17

FCA Market Study: What does it really mean for funds?

The FCA has finally released its full report into the asset management industry following a year-long review of the market – but what do its proposed remedies mean for funds?

FCA Market Study: What does it really mean for funds?

(Portfolio Adviser – External Link)

Posted By: True and Fair, 10:00 am

29Jun 17

UK fund management shake-up: the reaction

The Investment Association’s (IA) report on hidden costs and charges has been blasted as “amateurish and totally misleading” in a damning attack from the industry

UK fund management shake-up: the reaction

(Financial Times – External Link)

Posted By: True and Fair, 9:00 am

29Jun 17

FCA asset management market shake-up: How the City has reacted

The financial watchdog has announced its plans to reform the asset management market, after carrying out a review of the £7 trillion industry over the past two years.

FCA asset management market shake-up: How the City has reacted

(City A.M. – External Link)

Posted By: True and Fair, 8:00 am

28Nov 16

Summary: SCM Direct / True and Fair Campaign’s Review Of The Financial Conduct Authority Asset Management Market Study

SCM Direct / True and Fair Campaign’s Review Of The Financial Conduct Authority Asset Management Market Study

SCM Direct / True and Fair Campaign’s Review Of The Financial Conduct Authority Asset Management Market Study

(SUMMARY)

Posted By: True and Fair, 9:50 am

28Nov 16

Press Release: SCM Direct / True and Fair Campaign’s Review Of The Financial Conduct Authority Asset Management Market Study

SCM Direct / True and Fair Campaign’s Review Of The Financial Conduct Authority Asset Management Market Study

SCM Direct / True and Fair Campaign’s Review Of The Financial Conduct Authority Asset Management Market Study

(PRESS RELEASE)

Posted By: True and Fair, 9:30 am

10Aug 16

Industry rejects IA’s ‘nonsense’ report on hidden costs

The Investment Association’s (IA) report on hidden costs and charges has been blasted as “amateurish and totally misleading” in a damning attack from the industry

Industry rejects IA’s ‘nonsense’ report on hidden costs

(Incisive Media – External Link)

Posted By: True and Fair, 2:00 pm

10Aug 16

IA criticised over ‘convenient’ hidden fee study time period

An Investment Association (IA) study which dismissed fears about hidden fund fees has drawn criticism for relying on a “convenient” time period and disregarding other factors which could skew its analysis

IA criticised over ‘convenient’ hidden fee study time period

(Financial Times – External Link)

Posted By: True and Fair, 1:00 pm

09Aug 16

SCM Direct Response to the IA’s Flawed Research on Costs

SCM Direct / True and Fair Campaign Response to the IA ‘Investment Cost and Performance’

SCM Direct Response to the IA’s Flawed Research on Costs

(PRESS RELEASE)

Posted By: True and Fair, 1:00 pm

09Aug 16

‘Fuss over hidden fees is hysteria’: charges are ‘Loch Ness Monster of investments’

The investment industry’s leading body has condemned ‘hidden fees hysteria’, claiming fund performance over recent years is proof that costs aren’t hitting returns delivered to investors

‘Fuss over hidden fees is hysteria’: charges are ‘Loch Ness Monster of investments’

(This is Money – External Link)

Posted By: True and Fair, 10:00 am

14Apr 16

Why funds must come clean on hidden transaction costs

On 4 April 2016, Woodford Investment Management (WIM) announced they would be paying the research part of the transaction costs from their annual management fees, rather than passing these onto clients.

Why funds must come clean on hidden transaction costs

(Interactive Investor – External Link)

Posted By: True and Fair, 4:30 pm